Neiman Marcus Group Acquisition, Valuation, Funding & Investors

Lulu Retail is a grocery and general-merchandise retailer headquartered in Abu Dhabi and operating across Gulf Cooperation Council markets. The group runs hypermarkets, express stores and supermarkets under the LuLu brand, supported by distribution centres and an owned logistics fleet. Its customers are consumers purchasing food, household goods, apparel and other everyday products. Revenue is generated primarily from retail product sales through physical stores, with online ordering complementing the store network. The broader business traces its development to the retail operations built by founder Yusuff Ali M.A., while the listed holding company now provides public-market ownership. ADQ invested in the group in 2020 and the issuer’s prospectus identifies an indirect 20% interest held after that transaction.

Shufersal Ltd is a supermarket chain operator. The company is based in Israel and generates all revenue domestically. Shufersal has three operating segments: retail segment, real estate segment, and Be segment. The retail segment, which contributes the largest portion of revenue, operates neighborhood and regional food stores, a group of organic food stores, and engages in the marketing, manufacture, and sale of both frozen and fresh baked products. The real estate segment includes leasing of various commercial and other properties. The Be segment includes operation of drug stores that mainly sell cosmetics, convenience, and toiletry products. A vast majority of the company’s revenue is generated by the retail segment.

Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Group’s operations are mainly located in Singapore.

Kohl’s operates about 1,150 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl’s also has a large digital sales operation. Women’s apparel is Kohl’s largest category, having generated 25% of its 2024 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.

Christian Louboutin is a Paris-headquartered luxury fashion brand renowned for red-lacquered sole footwear, handbags, and leather goods for women and men. Founded in 1991, it operates approximately 150 boutiques worldwide including flagship stores in London, New York, and Tokyo. The company launched its beauty line in 2014 featuring nail color and fragrances distributed through Sephora.

Distribuidora Internacional De Alimentacion SA is a Spain-based company that retails the sale of food products at self-service stores, either owned or franchised. The company conducts business through self-owned stores and franchise stores. It operates stores in Spain, Argentina, and other regions. It generates the majority of its revenue from Spain.

Watches of Switzerland Group is the UK's largest luxury watch retailer, headquartered in Braunstone near Leicester, England, and listed on the London Stock Exchange as a FTSE 250 constituent. It operates eight retail brands: Watches of Switzerland, Mappin & Webb and Goldsmiths in the UK, and Mayors, Betteridge, Deutsch & Deutsch, Analog:Shift and Hodinkee in the US. It also holds the exclusive distribution rights for Roberto Coin jewellery in the US, Canada, Central America and the Caribbean. It earns revenue from retail sales of luxury watches and jewellery, plus aftercare services. As of 3 May 2026 it had 191 showrooms, including 81 mono-brand boutiques run with Rolex, OMEGA, TAG Heuer, Breitling, TUDOR, Longines, Grand Seiko, Roberto Coin, BVLGARI and FOPE. For the 53 weeks to 3 May 2026 revenue rose 11% to £1,828 million, with the US contributing £927 million, more than half of the group total, and adjusted EBIT of £155 million. The Watches of Switzerland brand dates from 1924 in London. It later passed through Ratners, Asprey, Baugur and Landsbanki before Apollo Global Management took control in 2013, and the group listed in May 2019.

Woolworths Holdings Ltd is a southern hemisphere retail Group. Its current operations are conducted through its two operating subsidiaries. The segments involve: Fashion, Beauty and Home; Food; Logistics; Woolworths Financial Services; Country Road Group; and Treasury. It derives maximum revenue from Food Segment. Geographically, It operates iun South Africa, Australia and New Zealand and Rest of Africa.

Lalithaa Jewellery Mart makes and sells gold, diamond and silver jewellery through showrooms in Tamil Nadu and neighbouring states. It sells to consumers. Headquartered in Chennai.

PT Sumber Alfaria Trijaya Tbk is engaged in the business of retail distribution of consumer products in Indonesia. It operates through the Food and Non-Food Products segments. It offers food and non-food products such as cigarettes, rice, cooking oil, sugar, milk, personal and household care products. The company generates maximum revenue from the food segment. Its geographical segments are Jabodetabek, Java (Excluding Jabodetabek), and Excluding Java.

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers such as grocery stores and neighborhood supermarkets, and individuals. Its stores are located throughout Brazilian states.

Capri Holdings is a marketer, distributor, and retailer of upscale accessories and apparel in the Americas, Europe, and Asia. Michael Kors, Capri’s original and largest brand by sales, offers handbags, footwear, and apparel through more than 700 company-owned stores, wholesale, and e-commerce. Jimmy Choo (acquired in 2017) is best known for women’s luxury footwear. Its products are sold in more than 200 company-operated stores. John Idol has served as Capri’s CEO since 2003.

Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.

Henan Liliang Diamond Co Ltd is engaged in the research and development, production, sales, import, and export of synthetic diamond and superhard material products.

CCOOP Group Co Ltd is a China-based company engaged in operating retail department stores in China. It focuses on physical store operations, conducts store operations based on the model of joint ventures and leasing. The company operates three segments: the Supermarket Business segment, the Real Estate Business segment, and the Other Business segment.

Farfetch China is the China-focused division of Farfetch, linking luxury shoppers to worldwide boutiques and brands. Operating from its platform, it curates high-end fashion products shipped directly from over 700 stores globally. Integrated into Farfetch's technology ecosystem, it supports Beijing-area consumers with authenticated designer clothing, accessories, and jewelry.

Saks.com is a New York-based e-commerce platform specializing in luxury fashion and accessories. Established as a standalone division from Saks Fifth Avenue, it enhances digital shopping with advanced styling services, data-driven personalization, and a hybrid model blending retail curation with third-party marketplace offerings. The platform targets expansion in the online luxury sector through investments in user experience and broader assortment availability.

Diamond Foundry is a producer of lab-grown diamonds using chemical vapor deposition in zero-emission foundries located in the United States. It supplies gems for the VRAI jewelry line sold directly to consumers and semiconductor-grade materials for thermal management in electric vehicles, 5G networks, and AI data centers. Founded in 2017 and headquartered in Secaucus, New Jersey, the company scales production to match natural mining volumes without environmental impact.