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Sunday, Jun 14

Neiman Marcus seeks replacement credit line

 NEW YORK Earlier this week, Neiman posted a net loss of $3.1 million for its third quarter, versus a profit of $55.4 million a year earlier. Sales fell almost 24 percent in the quarter for the company, which runs both its namesake and Bergdorf Goodman stores. ...

This article also contains excerpts from MSN Money

ANALYSIS-Crisis gives high-end retail industry a makeover

 NEW YORK Over the last year or so I have just been feeling very inspired and creative," said Jonathan Adler, who designs home decor pieces that are sold at Barneys New York and Neiman Marcus in addition to his own boutiques. "Complacency is sort of the enemy ...

 
 

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