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Earnings Reports: Neiman Marcus, Ann Taylor, Aeropostale, Zumiez

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Neiman Marcus Q2 Profits Surge Dallas–Neiman Marcus Inc. reported today a five-fold increase in second quarter profit as holiday shoppers purchased more full-price luxury merchandise. The company, which operates 43 Neiman Marcus stores, Bergdorf Goodman and 30 Last Call outlet stores, said today that profit rose to $21 million in …

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Study: Luxury Consumers Seek Good Investment from Fashion Brands

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Stevens, PA—Fashion brands with merchandise that proves to be a “good investment” may have the upper hand in getting inside luxury consumers’ wallets. At least that’s what Unity Marketing found recently in a study that asked 1,245 affluent consumers (average household income $331,500; age 46.5 years; 42% male/58%female) to rate …