Welcome to the Shopping DISH! Store openings, local designers, fashion shows... all things shopping in and around Houston!
Entries in fashion (7)
Tootsies December Trunk Shows
December 2-3: Naeem Khan Trunk Show
December 2-3: Fantasia By De Serio Jewelry Trunk Show
December 4-5: Julie Vos Jewelry Personal Appearance & Trunk Show
December 4-5: J Brand Trunk Show with personal appearance by fit specialist Oscar Adames
December 5-6: Michael Kors Trunk Show
December 6-7: Claudia Lobao Jewelry Trunk Show & Personal Appearance
December 6-7: Essera 88 Trunk Show & Personal Appearance by designer Suzanne Saperstein
December 11: Alexis Bittar Jewelry Trunk Show
December 12-13: Jill Reno Jewelry Trunk Show
December 18: Belargo Jewelry Trunk Show & & Personal Appearance by Frieda Rothman
December 19-20: Vincent Peach Jewelry Trunk Show & Personal Appearance
December 19-20: Tom & Linda Platt Trunk Show
Neiman's is a Dollar Store
Well, it is owned by the same company that owns 99 Cents Only Stores. A Los Angeles private equity firm and Canada’s largest public pension fund announced this week that they are buying Dallas-based Neiman Marcus Group for $6 billion.
The Canada Pension Plan Investment Board and Ares Management LLC now have both extremes of household incomes covered: In 2011, they paid $1.55 billion to buy 99 Cents Only Stores.
The two entities will hold an equal interest in the retailer, and Neiman Marcus management, led by CEO Karen Katz, will retain a minority stake. The sale is expected to go through in the fourth quarter.
Neiman Marcus hasn’t been owned by the founding family since the late 1980s.
Founded in Dallas in 1907, the company operates 41 Neiman Marcus stores, two Bergdorf Goodman locations, 36 Last Call stores and six Cusp stores. Its upscale online retailing division operates under the Neiman Marcus, Bergdorf Goodman, Last Call and Horchow brands.
Except for the novelty of knowing that about 18 million retirees north of the border own a piece of the venerable luxury chain, customers shouldn’t see any changes, the company said.
“If there had not been press coverage of this, the customer would never know anything had changed,” Neiman Marcus vice president Ginger Reeder said.
Fort Worth-based TPG and New York-based Warburg Pincus have owned Neiman Marcus since 2005 as part of a $5.1 billion leveraged buyout. They were entertaining private buyers while the company was proceeding with plans for an initial public offering of stock.
Bloomberg News estimates that the two buyout firms have reaped a 150 percent profit on their combined $1.2 billion initial investment in Neiman Marcus. The firms are expected to receive about $2.75 billion in the sale on top of $400 million they got last year in the form of a one-time dividend.
Part of the purchase price will be used at closing to repay about $2.7 billion in debt. But that doesn’t mean the company will be debt-free.
Between now and closing, a new capital structure with new debt will be ironed out, Neiman Marcus chief operating officer Jim Skinner said. “There’s still a lot of work to do.”
Even if the company had issued stock to the public, those funds would have gone to TPG and Warburg Pincus, and the retail company would have still had $2.7 billion in debt.
There are no plans yet to open a Canadian Neiman Marcus store. Canadians have been able to shop at Neiman Marcus online for several years.
Simon Fashion Now Fall Show
Fashion's Night Out was a HUGE deal this year in Houston and it continues to grow every year.
This year's Simon Fashion NOW Fall show was off the charts! Here is the video round up thanks to fashionista rock star Erica Renee Garza! E Motion Medias produced the brilliant Simon Fashion Now montage video. The music is local too!! Paul Couture producinged the track especially for this project, LOVE it!! Check him out along with the rest of Houston's who's who!
Tip Top Fashion for your Tippy Toes!
Admittedly this is not DISH'S best tv appearance...not enough color in the face and GIRL what's up with that hair?? EEKS!
Now that that is out of the way...Here is what DISH has to say about summer footwear...after some amazing pedi tips!
Welcome M2M Style Lounge!
DISH'S newest advertiser is M2M Style Lounge! You have never seen such a store! There are leather sofas next to the bar and a flat screen tv so you can relax while you shop! Everyone knows about the men's lines they carry...Calvin Klein, D&G, ---But check out the Women's!!! ROBIN’S JEANS | DIESEL | ZODIAK SPORTSWEAR | EFOR | CARPE WHITTALL & SHON | AJAXX 63 | ENERGIE | PENGUIN | SCULPTEES SPRING COURT SHOES | ROAR | J LINDEBERG | COLD METHOD |BEN SHERMAN | FAITH CONNEXION | FRENCH CONNECTION | AD HOC | MISS ME COUTURE KLD COLLECTION | MM UNPLUGGED HUDSON | ROCK & REPUBLIC | 7 FOR ALL MANKIND | MEK MISS ME | ROCK REVIVAL | DL 1961 | CITIZENS OF HUMANITY TRUE RELIGION | PAIGE | MISS SIXTY | ROCKABILLY | DIESEL
And check out this deal DISHIES!!! WOOHOOO! See you there!
Don't worry if this sale has expired! They have new discounts and specials every day!!
FNO
Thanks to DISH friend Anna Wintour...actually we just sat behind her and snuck pics of her at the River Oaks International Tennis Tourney...but hey you take it where you can get it....The fashion world is getting a HUGE boost tonight!
In Fashion's Night Out hundreds of stores around the world will stay open late for the single largest shopping event in history! Designers were there, free food and drinkie poos, discounts and gifts with purchaces all in an effort to boost the economy and help to rebuild the lagging fashion industry.
Thanks to Vogue US and Vogue International the global initiative is to promote retail, restore consumer confidence, and celebrate fashion. The evening extravaganzas in their respective world fashion capitals went off without a hitch! There were brow bars, hair cut stations, make overs, limited edition jewelry and so much more!!
Houston had a show at Neiman Marcus and it was FABOOSH!! =)
See?? The Devil apparently isn't all that bad!
Resale, You say!
The Guild Shop
2009 Dunlavy
Houston, TX 77006
www.theguildshop.org