The outlook for the high-end consumer might have dimmed some, but luxe retailers have found their guiding light in the Web.
Saks Inc. and Neiman Marcus Inc. weighed in with quarterly results Tuesday. And although their bottom lines varied — with Hurricane Sandy helping pull down Saks’ net profits, and a charge for debt extinguishment erasing most of Neiman’s earnings increase — both companies used the opportunity to hammer home the importance of the Web and how it’s transforming their businesses.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)