Neiman Marcus Plans to Go Public

IPO planned eight years after going private

Neiman Marcus is known for selling big-ticket items, including designer brands like Gucci and Chanel and aquatic jetpacks worth nearly $100,000.

Now, the upscale department store is planning another big sale: shares in itself.

Neiman Marcus filed to go public on Monday, more than eight years after agreeing to go private in a sale to the investment firms TPG Capital and Warburg Pincus.