Neiman Marcus Group LTD. LLC, pushed to a net loss in the last quarter by the sale of the company last year, the weather and a data breach, is nonetheless heading into spring feeling upbeat about business and the buying mood of its luxury customers.
“Through the holiday season, we certainly found that our customer was definitely embracing luxury,” Karen Katz, president and chief executive officer of NMG, told WWD on Friday. “She is feeling good about her surroundings.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"