Tue, Jun 9
United States
Neiman Marcus is joining the ranks of retailers cutting store hours as the recession curtails even wealthy shoppers' appetites. The Dallas-based luxury chain plans to close its stores in Northbrook and Oak Brook an hour earlier on some days starting ...
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Donna Karan appeals to luxury clients 
source: FashionUnited.co.uk
UK Donna Karan appealed to a gathering of 150 customers at Neiman Marcus in San Francisco last Wednesday to not be self-conscious about buying luxury apparel in a down economy, but rather think of the number of people along fashion's economic chain being ...
Published Tue, Jun 16
The height of luxury gets lower 
source: Philadelphia Inquirer
PA Numbers for Neiman Marcus - the parent company of both Neiman and Bergdorf Goodman - showed a 27 percent drop in May compared with a year ago. After a Barney's Co-op opened on Rittenhouse Square two months ago, much of the store's merchandise was ...
Published Tue, Jun 16
Neiman Marcus joins retailers cutting hours to save money 
source: Tampabay.com
FL Dallas-based Neiman, which is waiting out the recession by cutting operating hours at half of its 40 stores, joins many malls and chains like Best Buy taking similar steps. Locally, the three Westfield malls — Brandon, Citrus Park and Countryside ...
Published Mon, Jun 15
Neiman Marcus seeks replacement credit line 
source: Alibaba News Channel
NEW YORK Earlier this week, Neiman posted a net loss of $3.1 million for its third quarter, versus a profit of $55.4 million a year earlier. Sales fell almost 24 percent in the quarter for the company, which runs both its namesake and Bergdorf Goodman stores. ...
Published Sun, Jun 14
Neiman Marcus seeks replacement credit line 
source: Reuters
Earlier this week, Neiman posted a net loss of $3.1 million for its third quarter, versus a profit of $55.4 million a year earlier. Sales fell almost 24 percent in the quarter for the company, which runs both its namesake and Bergdorf Goodman stores. ...
Published Fri, Jun 12
Shopping remains a preferred vacation activity despite sagging economy 
source: Travel Daily News International
Greece Popular national stores include Tiffany & Co., Neiman Marcus, Jimmy Choo, Abercrombie & Fitch, Juicy Couture, Coach and Crate & Barrel. Little luxuries like spa treatments and personal fashion consultants offer an unexpected retreat. ...
Published Thu, Jun 11
Shopping remains a preferred vacation activity despite sagging economy 
source: Travel Daily News International
Greece Popular national stores include Tiffany & Co., Neiman Marcus, Jimmy Choo, Abercrombie & Fitch, Juicy Couture, Coach and Crate & Barrel. Little luxuries like spa treatments and personal fashion consultants offer an unexpected retreat. ...
Published Thu, Jun 11
source: caps.fool.com
The specialty retail segment, which includes Neiman Marcus and Bergdorf Goodman stores, saw a same-store sales decline of 27.1%, while the direct-to-consumer business was down 14.3%. In order to counteract the steep sales declines and to compete with ...
Published Wed, Jun 10