Neiman Marcus Group

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Athletic players well positioned amid disruption

Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditio...

NRF 2015: Retail launches and developments

Retail's 'Big Show', the National Retail Federation's Annual Convention & Expo, which took place in New York this week, is an annual opportu...


Ashma Kunde | 31 May 2013

North America may no longer take centre stage in the global apparel market, but the recession has by no means sounded the region's curtain call, according to Euromonitor International.


Katie Smith | 24 Jan 2013

Women's wear maker G-III Apparel has revealed it is looking for further acquisitions to bolster its business after it bought men's luxury swimwear brand Vilebrequin in August.


Katie Smith | 30 Aug 2012

Analysts are forecasting a mixed bag of back-to-school sales this year, with the stagnant economy expected to weigh on demand for apparel and footwear, but falling cotton prices, promotions and tax holidays likely to provide some respite. As usual there will be winners and losers, but which retailers are likely to fare best in their second biggest selling season of the year? Katie Smith reports.


As the digital platform continues to bring about sweeping changes in the global apparel arena, Ashma Kunde, apparel research analyst at Euromonitor International, looks at the role the internet has played in driving the boom in the men's wear market.

Latest Interviews

just-style.com | 2 Mar 2007

Bluefly, the online retailer of off-price designer fashion brands, has just announced strong growth in revenues and margin levels for the fourth quarter and full year 2006. As more and more apparel chains announce their intentions to start selling online, just-style’s Rebecca Danton talks to Melissa Payner, president and CEO of Bluefly, about how the business has set a precedent in online soft goods sales and the company’s ability to keep its competitive edge.

Latest News

Beth Wright | 11 Oct 2017

Neiman Marcus has unveiled plans to roll out a new digital strategy on the back of growing online sales in the fourth quarter, amid a modest narrowing of its net loss in the period.


Beth Wright | 14 Jun 2017

Neiman Marcus has confirmed that merger talks with Canadian retailer Hudson's Bay Company (HBC) have terminated, as its third quarter net loss widened to US$24.9m.


Beth Wright | 31 May 2017

Upscale department retailer Neiman Marcus Group has revealed its interim CFO and chief operating officer, Michael Fung, is to leave the company at the end of the month.


Beth Wright | 3 Apr 2017

Joshua Schulman, president of premium US retailer Bergdorf Goodman and its parent company Neiman Marcus Group International, is to step down next month


Beth Wright | 14 Mar 2017

Neiman Marcus has revealed it is exploring "strategic alternatives", including the possibility of a sale, on the back of falling revenues and earnings in its second-quarter.


Beth Wright | 8 Mar 2017

Upscale department store retailer Neiman Marcus is keeping tight-lipped regarding reports it has hired investment bank Lazard Ltd to help restructure its debt.


Beth Wright | 9 Jan 2017

Upscale department store retailer Neiman Marcus has requested to withdraw its initial public offering.


Michelle Russell | 14 Dec 2016

Neiman Marcus needs to rebuild its relevance, analysts say, after the upscale department store retailer saw its first quarter net losses widen and booked lower sales on weak customer traffic.


Michelle Russell | 15 Nov 2016

Donald Grimes, the chief financial officer of upscale department store retailer Neiman Marcus, has stepped down after just 18 months in the role. 


Michelle Russell | 26 Sep 2016

Upscale department store retailer Neiman Marcus has widened its losses in the fourth quarter and booked its fourth consecutive quarter of comparable sales declines. 


Michelle Russell | 22 Aug 2016

Upscale department store retailer Neiman Marcus has eliminated around 50 jobs across buying, IT and alterations as it completes its omni-channel transformation. 


Beth Wright | 23 Jun 2016

Upscale department store retailer Neiman Marcus has denied it is on the lookout for a buyer or investor following reports the group's chief executive has held a number of meetings with potential acquirers.


Michelle Russell | 15 Jun 2016

Upscale department store retailer Neiman Marcus has booked a third consecutive fall in quarterly sales – and an 81% drop in profit – as it struggles to attract shoppers into its stores.


Katie Smith | 16 Mar 2016

Upscale department store retailer Neiman Marcus saw its net profit slump by more than two-thirds during its second quarter, weighed down by lower sales.


Katie Smith | 15 Dec 2015

Upscale US department store retailer Neiman Marcus swung to a net loss during its first quarter, as sales fell. 


Michelle Russell | 2 Oct 2015

Upscale US department store retailer Neiman Marcus has cut around 500 jobs across the group as part of its plans to accelerate investment.


Michelle Russell | 12 Jun 2015

Upscale department store retailer Neiman Marcus has moved to a profit in its third-quarter and revealed increased sales.


Michelle Russell | 2 Jun 2015

Upscale department store retailer Neiman Marcus has appointed former Wolverine Worldwide CFO Donald Grimes as its finance chief and COO.


Michelle Russell | 10 Mar 2015

Upscale department store retailer Neiman Marcus has moved to a profit in its second-quarter and revealed an increase in sales.


Michelle Russell | 9 Dec 2014

Upscale department store retailer Neiman Marcus has swung to a profit in its third-quarter thanks to stronger revenues.


Katie Smith | 3 Dec 2014

Outdoor luxury apparel company Canada Goose has opened a sales office in New York as it gears up to meet surging demand for its products in the US.


Michelle Russell | 18 Sep 2014

Upscale department store retailer Neiman Marcus Group has swung to a loss in its fourth-quarter due to an increase in interest expenses and flat margins.


Leonie Barrie | 16 Sep 2014

Upscale department store retailer Neiman Marcus Group is expanding its international reach with the purchase of the mytheresa.com global online luxury business.

Latest blogs

Leonie Barrie | 16 Sep 2013

Talks last week to try to agree compensation payments for the victims and survivors of two Bangladesh factory disasters failed to reach a decision, with brands and retailers set to meet again in a fortnight to consider their next steps.

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