Special Reports

Neiman Marcus

39604

Published

19 years ago

July 8, 2005

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The Neiman Marcus Group Inc. (Dallas) announced an 8.2 percent increase in total revenues for the five weeks ended July 2, 2005. The luxury retailer’s comparable revenues increased 9.2 percent.

In the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, comparable revenues increased 7.6 percent. Revenue growth trends were the strongest in the Southeast and West. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included women’s contemporary sportswear and fine apparel, men’s shoes, accessories, jewelry and designer handbags.

The company said it currently expects comparable store revenues for the fourth quarter of fiscal 2005 to increase in the range of 7 – 9 percent.

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