<P> Bergdorf Goodman is a luxury goods department store based on Fifth Avenue in Midtown Manhattan in New York City . The company was founded in 1899 by Herman Bergdorf and was later owned and managed by Edwin Goodman, and later his son Andrew Goodman . </P> <P> Today, Bergdorf Goodman operates from two stores situated across the street from each other at Fifth Avenue between 57th and 58th streets . The main store, which opened at its current location in 1928, is located on the west side of Fifth Avenue . A separate men's store, established in 1990, is located on the east side of Fifth Avenue, directly across the street . </P> <P> Bergdorf Goodman is a subsidiary of Neiman Marcus, which is owned by the private equity firm Ares Management . </P> <P> The company traces its origins to 1899 when Herman Bergdorf, an immigrant from Alsace, opened a tailor shop just above Union Square in downtown Manhattan . </P>

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