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WWD 06/08/2007

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Luxury Rocks ‘n’ Rolls: Neiman’s Net Up 47% Despite Competition

Luxury retailers are ratcheting up their games, but Neiman Marcus Group Inc. is unfazed by the widening competition. For the third-quarter ended April 28, Neiman’s that earnings jumped 47% to $59.5 milliion from $40.5 million in the year-ago period.

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