Luxury retailer Neiman Marcus Group files for IPO a decade after it was taken private

MarketsAssociated Press

Luxury retailer Neiman Marcus is filing for an initial public offering.

For the purpose of calculating a filing fee, Neiman Marcus says it expects to raise $100 million.

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The Dallas company has 41 Neiman Marcus locations and two Bergdorf Goodman stores on New York's Fifth Avenue. Its MyTheresa brand has one store in Germany and targets a younger clientele.

Neiman Marcus Group Inc. says it had $4.84 billion in revenue in its last fiscal year.

Neiman Marcus was taken private in 2005 by private equity firms TPG Capital and Warburg Pincus for $5.1 billion. The company filed for an IPO in 2013, but instead it was bought by Ares Management and Canadian Pension Plan Investment Board for $6 billion.