Neiman Marcus Inc announced the following preliminary company-wide revenues. All figures have been adjusted to exclude the revenues of Gurwitch Products, L.L.C. and Kate Spade LLC.
In the four-week May period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 7.7 percent. Revenue growth trends were the strongest in the Company's stores in the Southeast, Midwest and New York City.
The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer handbags, precious jewelry, shoes, women's contemporary sportswear and designer apparel and men's.
Comparable revenues at Neiman Marcus Direct in the four-week May period increased 0.2 percent. The top selling merchandise categories in the Direct Marketing segment included women's contemporary sportswear and designer apparel, designer shoes and handbags, jewelry and men's.
The Company's four-week reporting period is consistent with last year and reflects a 4-5-4 week fourth quarter.
Neiman Marcus Inc operations include the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both online and print catalog operations under the Neiman Marcus, Horchow and Bergdorf Goodman brand names.
marketing@alchempro.com
