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Neiman Marcus Swings to Loss Amid Weak Demand
Original at Wall Street Journal
• Wed, Jun 10
Until the new strategy kicks in, the Dallas luxury-goods retailer known for its lavish holiday gifts catalog and designer apparel expects to offer promotional and other events to boost sales. The company, owned by private-equity funds TPG Capital and ...
US EQUITIES WEEK AHEAD: End Near For Auto Dealers, Analog TV
Original at Wall Street Journal
• Fri, Jun 5
• 21 related articles
Women's apparel retailer Talbots Inc. (TLB) reports Tuesday and Men's Wearhouse Inc. (MW) and Neiman Marcus Group Inc. (NMGA) do Wednesday. Brown-Forman also reports Wednesday, while Del Monte does Thursday. Studies to be released at the annual ...
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Luxury's High Prices
Original at Wall Street Journal
• Thu, Jun 4
Luxury's High Prices The designer never turned a profit in 22 years as his flamboyant haute couture struggled to make the transition to ready-to-wear collections. But it was the decision by major stockists such as Saks and Neiman Marcus to reduce orders for the fall ...
Christian Lacroix Seeks Creditor Protection
Original at Wall Street Journal
• Thu, May 28
Telegraph.co.uk In April, Neiman Marcus Group Inc. and Saks Inc. said that they had reduced orders for fall 2009 Lacroix merchandise. In 2008, Lacroix posted a loss of €10 million ($13.9 million). So far, sales of the brand's 2009 summer women's ready-to-wear line are ...