Home / Knowledge / News / Fashion / Specialty retailer Neiman Marcus Jan sales drop 2.6%

Specialty retailer Neiman Marcus Jan sales drop 2.6%

03
Feb '06
Specialty retailer Neiman Marcus Group Inc announced the following preliminary company-wide revenues:

In the four-week January period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 4.7 percent.

Revenue growth trends were the strongest in the Company's stores in the Southeast and West Coast.

The merchandise categories in the Specialty Retail Stores segment that performed the strongest included women's contemporary sportswear and designer apparel, designer handbags, shoes, home decor and men's.

Comparable revenues at Neiman Marcus Direct for the four-week January period decreased 2.6 percent.

Sales were negatively impacted by the Company's decision to shift certain catalog mailings that occurred in January of the prior fiscal year to December of the current fiscal year.

The top selling merchandise categories in the Direct Marketing segment included handbags, accessories, women's designer apparel and contemporary sportswear and men's.

Comparable revenues for the Neiman Marcus Group for the second quarter of fiscal year 2006 increased 6.4 percent.

For the second quarter of fiscal year 2006, Specialty Retail Stores comparable revenues increased 4.5 percent, which represents a comparable revenue increase of 3.9 percent at Neiman Marcus Stores and 8.7 percent at Bergdorf Goodman.

Neiman Marcus Direct second quarter fiscal year 2006 revenues were 13.2 percent above last year.


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Myanmar's garment units risk closure due to virus impact

Myanmar's garment factories are facing the risk of shutdown as the...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

GMAC urges EU to restore full EBA rights for Cambodia

Expressing disappointment over the recent European Union (EU)...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Uzbekistan 3rd biggest garment exporter to Kazakhstan

Uzbekistan exported 10,000 tonnes of apparel to Kazakhstan in 2019,...

Interviews View All

Evelyne Cholet, UCMTF

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Top executives, Textile industry

Top executives
Textile industry

Sustainable fashion is also ‘slow fashion’

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Roz Guarnori,

Roz Guarnori

FESPA Global Print Expo 2019, to be held in Munich from May 14-17, is...

Ronald Van Den Broek,

Ronald Van Den Broek

Headquartered in Japan, Mimaki Engineering Co. Ltd. manufactures and...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search