Neiman Marcus has been on the hunt for Katz’s replacement for some time, according to a report.
The CEO shares some of the wisdom she’s gained during her 30 years with the luxury retail giant.
It was a tough first quarter for Neiman Marcus as sales slumped 1.8 percent, while comps were down nearly 6 percent.
Under Armour is growing its board to aid expansion plans internationally. The Baltimore-based athletic firm has enlisted Karen Katz as the newest member of its board. Katz is president and CEO of Neiman Marcus Group, which counts Neiman Marcus, Bergdorf Goodman and Mytheresa.com among its holdings. “Karen brings a wealth of retail knowledge and a keen