-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V7LOzm2fnOyDjxYBTHg9xsHaPZ4bLvHkVYPI/oDzJE9Xj/UhN0L3NPBBMKLBfKi0 3azHc8wHeRYBHF6cvB7RUg== 0000819539-04-000088.txt : 20041112 0000819539-04-000088.hdr.sgml : 20041111 20041112102728 ACCESSION NUMBER: 0000819539-04-000088 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041108 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041112 DATE AS OF CHANGE: 20041112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEIMAN MARCUS GROUP INC CENTRAL INDEX KEY: 0000819539 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 954119509 STATE OF INCORPORATION: DE FISCAL YEAR END: 0801 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09659 FILM NUMBER: 041136077 BUSINESS ADDRESS: STREET 1: ONE MARCUS SQUARE STREET 2: 1618 MAIN STREET CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-741-6911 MAIL ADDRESS: STREET 1: ONE MARCUS SQUARE STREET 2: 1618 MAIN STREET CITY: DALLAS STATE: TX ZIP: 75201 8-K 1 nmg8k.htm FORM 8-K NMG Form 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report

November 11, 2004

Date of earliest event reported

November 8, 2004

THE NEIMAN MARCUS GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

   

0-19659

   

95-4119509

(State or other jurisdiction
of incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

One Marcus Square

   

1618 Main Street, Dallas, Texas

                

75201

(Address of principal executive offices)

 

(Zip Code)

Registrant's telephone number, including area code

(214) 741-6911

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[   ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425

[   ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

   

[   ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

   

[   ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

 

 

 

Item 7.01

 

Regulation FD Disclosure.

     

 

 

 

On November 8, 2004, The Neiman Marcus Group, Inc. issued a press release announcing the sale of its Chef's Catalog direct marketing business to Pikes Peak Direct Marketing, Inc. A copy of the press release is furnished as Exhibit 99.1

     

Item 9.01

 

Financial Statements and Exhibits

     
 

(c)   

Exhibits.

 

99.1

Press Release dated November 8, 2004 issued by The Neiman Marcus Group, Inc. announcing the sale of Chef's Catalog.



SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

                                   

                                         

THE NEIMAN MARCUS GROUP, INC.

 

 

(Registrant)

 

 

 

 

 

 

 

 

 

Date: November 11, 2004

By:

/s/ Nelson A. Bangs

 

 

 

Nelson A. Bangs

 

 

 

Senior Vice President and General Counsel

 

 

 

 

 

 

THE NEIMAN MARCUS GROUP, INC.

EXHIBIT INDEX

Exhibit No.

     

Description

 

99.1

     

Press Release dated November 8, 2004 issued by The Neiman Marcus Group, Inc. announcing the sale of Chef's Catalog.

 

EX-99 2 ex99.htm PRESS RELEASE NMG Press Release

 

FOR IMMEDIATE RELEASE

 

James E. Skinner
Senior Vice President and
Chief Financial Officer
(214) 743-7625

   
 

Stacie Shirley
Vice President - Finance and Treasurer
(214) 757-2967


THE NEIMAN MARCUS GROUP ANNOUNCES SALE OF CHEF'S CATALOG

DALLAS, Texas, November 8,2 004 - The Neiman Marcus Group, Inc. (NYSE: NMG.A, NMG.B) announced today that it has sold its Chef's Catalog direct marketing business to Pikes Peak Direct Marketing Inc., a newly-formed corporation controlled by private equity firm JH Parnters LLC. Elixir Advisors advised The Neiman Marcus Group, Inc. in the transaction.

     With approximately $75 million in annual sales, Chef's Catalog is one of the leading multi-channel retailers of professional-quality kitchenware for the cooking enthusiast. Chef's Catalog operates through its signature catalog, website www.chefscatalog.com, bi-annual warehouse sales and two retail stores. The Neiman Marcus Group, Inc. acquired Chef's Catalog in 1998. Terms of the agreement were not disclosed. In connection with the sale, the Company expects to record a pre-tax loss of approximately $15 - $17 million in its fiscal second quarter.

     The Neiman Marcus Group, Inc. operations include the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus, Horchow, Chef's Catalog and Bergdorf Goodman brand names. Information about the Company can be accessed at www.neimanmarcusgroup.com.

     JH Partners LLC is a San Francisco-based private equity firm focused on investments in growth-oriented middle market consumer products and services companies. The firm distinguishes itself among private equity firms in that each of its principals has senior-level operating experience building middle-market consumer related businesses. JH Partners has been instrumental in aiding the growth of powerful consumer brands, including Peet's Coffee & Tea (NASD: PEET), Bare Escentuals, Performance Bicycle Shop, Bell Helmets, and Design Within Reach (NASD: DWRI), among others. Additional information may be found at www.jhco.com.

From time to time, the Company may make statements that predict or forecast future events or results, depend on future events for their accuracy or otherwise contain "forward-looking information." These statements are made based on management's expectations and beliefs concerning future events and are not guarantees of future performance.

The Company cautions readers that actual results may differ materially as a result of various factors, some of which are beyond its control, including but not limited to: political or economic conditions; terrorist activities in the United States or escalation in the international war on terrorism; disruptions in business at the Company's stores, distribution centers or offices; changes in consumer confidence resulting in a reduction of discretionary spending on goods that are, or are perceived to be, "luxuries"; changes in demographic or retail environments; changes in consumer preferences or fashion trends; competitive responses to the Company's marketing, merchandising and promotional efforts; changes in the Company's relationships with key customers; delays in the receipt of merchandise; seasonality of the retail business; adverse weather conditions, particularly during peak selling seasons; delays in anticipated store openings; natural disasters; significant increases in paper, printing and postage cost s; litigation that may have an adverse effect on the Company's financial results or reputation; changes in the Company's relationships with designers, vendors and other sources of merchandise; the financial viability of the Company's designers, vendors and other sources of merchandise; the design and implementation of new information systems or enhancement of existing systems; changes in foreign currency exchange rates; impact of funding requirements related to the Company's noncontributory defined benefit pension plan; changes in the Company's relationships with certain of key sales associates; changes in key management personnel; changes in the Company's proprietary credit card arrangement that adversely impact its ability to provide consumer credit; or changes in government or regulatory requirements increasing the Company's cost of operations.

These and other factors that may adversely effect the Company's future performance or financial condition are contained in its Annual Report in Form 10-K and other reports filed with and available from the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

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