Neiman Marcus Inc. reported that net income in the latest quarter rose 2.5 percent to $49.6 million from $48.4 million in the year-ago period.
In Neiman’s first quarter ended Oct. 27, total revenues were essentially flat at $1.07 billion compared to $1 billion in the prior year, though comparable-store sales increased 5.4 percent. Operating earnings for the first quarter of fiscal year 2013 were $127.8 million compared to $122.8 million for the first quarter of fiscal year 2012.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"