Geoffroy van Raemdonck is the chief executive of Neiman Marcus Group Inc. and its subsidiaries, Neiman Marcus, Bergdorf Goodman and Mytheresa. He is working to overhaul the long-struggling luxury retail group by doubling down on in-store experiences and shaking up its portfolio with a minority investment in reseller Fashionphile.
Born in Belgium, Van Raemdonck received a business and sciences degree from the Université Catholique de Louvain in Belgium, and later completed a Master’s degree and MBA at the Vienna University of Economics and Business and the University of Chicago respectively. Van Raemdonck ventured into business with the Boston Consulting Group, specialising in business growth strategies, before eventually transferring to L Brands. In 2008, he moved to Louis Vuitton as the company’s senior vice president of the US Northeast and Midwest arm, later becoming the president of Louis Vuitton’s South Europe division. In 2013, the California-based women’s knitwear brand, St. John Knits International tapped Van Raemdonck as its chief executive, closing the year with around $325 million in sales. By November 2014, he joined Ralph Lauren as the company’s group president of Europe, succeeding John Hooks. Until December 2017, his group presidency also extended to the Middle East and Africa, as well as the Global Travel Retail arm.
In 2018 Neiman Marcus Group tapped van Raemdonck as its chief executive, amid its almost $5 billion debt struggle and stagnant business growth. Challenged with reinventing the customer experience, investing heavily in technological expansion and building on the Dallas-based luxury department store chain’s digital services, Van Raemdonck reached an agreement to extend the debt loan agreement to 2023 while setting a transformation plan in motion.
