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Neiman Marcus Group Posts Smaller Q4 Loss

In What's New by Accessories Staff

Dallas–Neiman Marcus Group Inc reported a smaller loss for its fourth quarter, helped by sales gains at its stores as well as online. Neiman, a privately held operator of a namesake chain of upscale department stores and outlets, posted a net loss of $11.1 million for the fourth quarter ended …

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Luxury Earnings: Neiman Marcus, Tiffany & Co. Report Profit Rises

In Reports, What's New, Industry News by Accessories Staff

Neiman Marcus Inc. Q3 Profit Doubles As Margins, Sales Improve Dallas—Neiman Marcus, Inc.’s third-quarter earnings more than doubled as the luxury retailer’s margins improved on continued sales growth. Results reported today by the company, which operates Neiman Marcus and Bergdorf Goodman, were in line with other luxurygoods retailers that have …

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Neiman Marcus Q1 Profit Triples

In Reports, What's New, Industry News by Accessories Staff

Dallas—Mirroring increases that many European luxurygoods companies have been reporting recently, Neiman Marcus Inc. posted today a fiscal first-quarter profit more than triple the same quarter last year. For the quarter ended October 30, the company’s profit rose to $25.7 million from $8.5 million a year earlier. Gross margin widened …