Shopping on Knox

Dallas-loved activewear brand Addison Bay makes Texas debut on Knox St.

Addison Bay is making its Texas debut on Dallas' Knox Street this Semptember.

Photo courtesy of Addison Bay

A fast-growing, female-founded activewear brand is making its Texas debut on one of Dallas' buzziest shopping streets: Addison Bay will open its first Texas boutique on Knox Street in September.

It will be the Philadelphia-based label's fourth retail store nationwide. According to a release, Dallas has been a standout city for the brand online for years. Dallas loves its fashionable activewear.

The company was founded in 2018 by Philadelphia entrepreneur Marguerite Adzick, who combined her background as a collegiate athlete with a career in fashion to launch Addison Bay. Her goal was to create stylish, functional activewear and everyday pieces that make getting dressed effortless, whether it’s for a workout, errands, or dinner out, she says.

Addison Bay founder Marguerite Adzick, who looks ready for Wimbledon.Photo courtesy of Addison Bay

Today, the brand is built around a “7AM to 7PM” approach to dressing, offering polished, versatile pieces designed to carry through the entire day. In Dallas, that'll mean going from country club tennis sesh in the morning to aHudson House happy hour in the evening.

Along with its flagship Philadelphia store and a seasonal shop in Avalon, New Jersey, Addison Bay has also expanded to Naples, Florida, and now, Dallas.

It's going into the hottest shopping area in town. Knox Street is evolving a go-to destination for boutiques, cafés, and fitness concepts, thanks to its walkable stretch between Uptown and Highland Park.

According to the release, Addison Bay will join the mix in a 3,603-square-foot space designed to feel bright and welcoming, with elevated fitting rooms and displays geared toward easy outfit-building.

Dallas has been a top market for Addison Bay for several years.Photo courtesy of Addison Bay

“Dallas has been supporting Addison Bay from afar for years and we’ve always known we’d find our way there,” says founder Adzick in the release. “The Dallas woman is active, style-conscious and lives her life the same way our brand is designed to dress her – from early morning to evening without missing a beat.

"At some point, the data becomes impossible to ignore. Dallas isn’t just a great market for us, it’s become one of our most important communities and we can’t wait to finally have a home there.”

To celebrate the debut, Addison Bay will host a September grand opening with on-site monogramming, live music, gifts with purchase, and additional activations introducing the brand in person.

Store hours will be 10 am-6 pm Monday-Sunday. The store will be located at 3212 Knox Street, Ste. 104.

fashion knox district knox street texas debut shopping

Neiman's news

Neiman Marcus' parent company emerges from bankruptcy with new name

Neiman Marcus

NEW YORK (AP) — Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy with fewer stores, less debt, a more focused strategy to pamper the affluent — and a new name.

The company said Friday, June 26 that the new entity will be called Exemplar Luxury Group, and with an improved balance sheet, including a nearly 75% debt reduction and $500 million in extra financing. Its CEO, Geoffroy van Raemdonck, said the New York-based company is ready for its next chapter after navigating several tumultuous years.

“Today is really a brand new day for the organization and a new day where these three iconic banners have the right funding, the right equity and a bright future ahead of them,” van Raemdonck told The Associated Press.

Van Raemdonck said that the new name signifies the company's focus on having an exemplary shopping experience — the best merchandise, and better personalized service with customers, with help from its sales associates and the treasure trove of data it has on its customers. The company employs more than 1,500 sales associates who have sold more than $1 million of goods each, he said.

Saks Global had filed for bankruptcy protection in January of this year, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, in July 2024.

Before the bankruptcy, there were 33 Saks stores and 36 Neiman Marcus locations, according to the company, as well as its Bergdorf Goodman store on Fifth Avenue and roughly 70 Saks Off 5th discount stores.

Now, there are a total of 49 stores — 15 Saks Fifth Avenue stores, 33 Neiman Marcus stores and its Bergdorf Goodman store. The company shuttered most of its Saks Off Fifth discount stores, and it now has 12 outlets, the company said.

In early June, Saks Global announced that the iconic downtown Dallas location of Neiman Marcus, at 1618 Main St., will close for good. The company said it plans to close the store on September 30, 2026 and focus on its NorthPark Center location in Dallas.

Saks Global also has sold the Neiman Marcus store at the Willow Bend mall in Plano and will close it in January 2027.

Exemplar Luxury Group said it has been teaming up with Pentwater Capital Management and Bracebridge Capital throughout its restructuring process. Both firms will have two representatives on the seven-person board. In addition, van Raemdonck as well as former Ulta Beauty CEO Dave Kimbell and Philippe Schaus, who most recently served as Global CEO of Moët Hennessy, will serve on the board, the company said.

---

The story contains material from previously published CultureMap stories.

luxury bankruptcy neiman marcus shopping