Neiman Marcus unveiled its Fantasy Gifts for 2018 and they are doozies!
Neiman Marcus Updates Leadership Team; Names New GMM of Accessories
Fostering a culture of innovation
Neiman Marcus Taps Ralph Lauren Exec Geoffroy van Raemdonck to Replace Karen Katz as CEO
Neiman Marcus Group has tapped former Ralph Lauren exec and luxury fashion and retail veteran Geoffroy van Raemdonck to replace Karen Katz as CEO on February 12, 2018.
Neiman Marcus Launches Christmas Book to Celebrate 110th Anniversary
Always wanted to head to an African emerald mine with jeweler Stephen Webster? Now’s your chance!
Neiman Marcus’ Ken Downing Picks His Top 9 Items from Fashion Month
You’ll want to know what the Neiman Marcus Fashion Director has named as his top items for SS18.
Neiman Marcus x @TheDogist Prove Pups are Always in Fashion
Neiman Marcus’ Fall Shoes & Handbag catalog went to the dogs, literally.
FURTHER LOSSES AT NEIMAN MARCUS AS TALKS OF A TAKEOVER COME TO A HALT
Neiman Marcus reports further losses, talks of a Hudson’s Bay takeover come to a halt.
CHATTING FALL TRENDS WITH NEIMAN MARCUS FASHION DIRECTOR KEN DOWNING
As we enter May Market Week, we’ve all got Fall weather, Fall trends and Fall trade shows on our minds! Accessories has been checking in with some of the industry’s best retailers to see what piqued their interest most from the runway shows and what’s on their open-to-buy hit list. …
COULD HUDSON’S BAY BE EYEING A NEIMAN MARCUS BUYOUT?
A Hudson’s Bay takeover of Macy’s may be out, but word is that Neiman Marcus could be the next retail chain the Canadian conglomerate scoops up. The two companies are in talks and negotiations are already further along than the potential deal with Macy’s. Although the floundering Neiman Marcus put …
NEIMAN MARCUS NOT GOING PUBLIC, PULLING IPO PLANS
Neiman Marcus has abandoned its plans to go public following another dismal holiday season and plummeting sales in its first quarter for fiscal 2017. “The company has determined that it is not in its best interests to proceed with the initial public offering contemplated by the Registration Statement at this …
HUDSON YARDS ANNOUNCES A ROSTER OF NEW TENANTS, NOW 60% LEASED
Hudson Yards, the 8.5 million square foot residential, commercial and retail space in Manhattan’s Far West Side neighborhood, has broken another milestone. The retail development has signed on AG Jeans, Banana Republic, Athleta, Aritzia, MAC Cosmetics, Jo Malone, Kiehl’s, NYX Cosmetics, Sephora, The Body Shop, Origins and Urban Decay to open at …
NEIMAN MARCUS REPORTS MORE LOSSES FOR Q1 2017
It’s not officially 2017, but Neiman Marcus is already feeling the forthcoming year’s crush. Today, the struggling retailer reported a 7.4% decrease in revenue for its first quarter of fiscal year 2017, which totaled at $1.08 billion, down from $1.16 billion for the same time period in 2016. Further losses were 8.0% …
EXECUTIVE MOVES: DSW GETS A NEW CFO, NEIMAN MARCUS APPOINTS INTERIM CFO/COO
MICHAEL FUNG STEPS IN AS INTERIM CFO AT NEIMAN MARCUS Michael Fung has joined Neiman Marcus Group (NMG), effective as of November 2th, as Interim Chief Financial Officer and Chief Operating Officer, a position recently vacated by Donald T. Grimes. Fung brings almost 40 years’ experience to NMG, most recently serving as Interim CFO …
NEIMAN MARCUS TAKES A TURN TO RENTING MERCHANDISE WITH NEW RENT THE RUNWAY SHOP
Neiman Marcus is rolling out its first Rent the Runway shop-within-shop in its San Francisco Union Square store tomorrow. The initiative is aimed at attracting younger customers, a key demographic for the retailer whose average customer age is 51, amid declining sales. Rent the Runway’s success as a designer clothing and …
EXECUTIVE MOVES: GRIMES OUT AT NEIMAN MARCUS, SIMMONS EXITS GAP
GRIMES OUT AT NEIMAN MARCUS Neiman Marcus announced that chief financial officer Donald T. Grimes resigned after just 17 months on the job. He had joined Neiman Marcus in June 2015 from footwear brand Wolverine World Wide, where he also served as CFO. No replacement has been announced yet and …
NEIMAN MARCUS’ 2016 CHRISTMAS BOOK IS HERE!
The holiday season is in full swing! Neiman Marcus’ 2016 Christmas Book is here and is celebrating its 90th year, chock full of fantastical gifts at price points ranging from just $10 to a whopping $1,500,000. The online edition went live earlier this week and the 300-page print edition is …
ITEM OF THE DAY: AKOLA LONG BEADED NECKLACE WITH LEATHER TASSEL
Akola’s Long Beaded Necklace With Leather Tassel takes a bold stance, both sartorially and philanthropically. The necklace is made by women in West Dallas, seeking to uplift their families out of poverty. It features a trademark paper bead, hand-rolled by women in Uganda, as a symbolic gesture to empower women in disadvantaged communities throughout …
NEIMAN MARCUS REPORTS YEAR-END LOSSES & FOURTH QUARTER NOSEDIVE
Dallas-based luxury retailer Neiman Marcus today announced negative numbers across the board in their fourth quarter and fiscal year 2016 to investors. Their fourth quarter revenues revealed a loss of 3.3% at $1.13 billion, compared to last year’s $1.17 billion figure. Fiscal year 2016 didn’t bode much better, with total …
ITEM OF THE DAY: REBECCA MINKOFF X MINNETONKA
These days, designer collaborations just continue to be stronger and grow increasingly popular. The latest to pop up? Rebecca Minkoff and Minnetonka, all set for June’s music festivals around the world. Slated for a May 31 market release, the collaboration features boots, booties and moccasins that have rock-and-roll details like fringe …
10 Minutes With… Ken Downing, Fashion Director, Neiman Marcus Stores
A front-row fixture at fashion shows around the world (not to mention behind-stage and even on-stage), Neiman Marcus Fashion Director and SVP Ken Downing tells us how he translates what he sees on the runways to his increasingly savvy customers. Not that we need to establish your fashion cred AT …