KATZ NOT PACKING UP: Karen Katz, president and chief executive officer of the Neiman Marcus Group, did the unexpected on Tuesday night. At the ACE Awards at Cipriani 42nd Street, Katz went out of her way to debunk rumors that she was leaving Neiman’s. While presenting the “trendsetter” award to MCM Worldwide, she cleverly asked the crowd how they liked the MCM backpack she was brandishing, and then stated, “It doesn’t mean that I am packing up and going anywhere, unlike some of the rumors out there.” She made it clear to the crowd of designers and vendors, many of whom sell Neiman’s and its Bergdorf Goodman division, that she’s not leaving her job.
Katz was also at the ACE event to support Bergdorf Goodman, which received the “retailer of the year” award.
Katz has held the top job at the Dallas-based NMG since 2010 when she took the reins from now-retired Burt Tansky. Katz successfully guided the retailer through much of the Great Recession, launching some key locations, including Neiman’s first Long Island store which opened last February in the Roosevelt Field mall, and she is planning Neiman’s first New York City store, which is scheduled to debut in Hudson Yards on Manhattan’s west side in 2018. Katz has also spearheaded several technology and omni-channel initiatives and has rapidly grown NMG’s online business.
The rumor that Katz was leaving Neiman’s has been around for weeks, but officials have repeatedly denied the reports.