The Economic Hangover: Neiman Marcus Profits Drop 7 Percent in Quarter

No cover image


Facing excess inventories and customers holding back, the Dallas based luxury chain on Wednesday reported a 7 percent dip in earnings.

From This Issue

Mollie Dent-Brocklehurst


Eye: Glam Gardens

London’s fashion and art crowd decamped to the wilds of Gloucestershire on Saturday to take in a series of sculptures dotted amidst the grounds of the…

clock June 5, 2008WWD Staff

The ladies of "Rabbit and Rogue."

Marketing and Promotion

Flash Dance

Twenty minutes ??? that’s how long the intermission lasted at the Metropolitan Opera House Tuesday night, and it made for quite a palate cleanser.

clock June 5, 2008Venessa Lau

A still from Malcolm McLaren's video painting.


Behind the Music

As the godfather of punk and the impresario behind the Sex Pistols, Malcolm McLaren knows a thing or two about wrapping up subversion in an attractive package.

clock June 5, 2008Robert Murphy

Government and Trade

Key Trading Nations Attack U.S. Farm Bill

A group of the world’s major trading powers led by Brazil and Australia slammed the new $289 billion U.S. farm bill on Tuesday, saying it contradicts the…

clock June 5, 2008John Zarocostas


Expansion Boosts Ulta Sales Gains, Profit Slips 19.6%

Ulta Salon, Cosmetics & Fragrance Inc. continued to open more doors in the first quarter, fueling double-digit sales growth while profits dipped 19.6 percent.

clock June 5, 2008Molly Prior

Braccialini's Temi bag.


Braccialini Bows in the U.S.

For Carla Braccialini, a handbag is not merely an accessory. It’s a metaphor for the individual.

clock June 5, 2008David Moin



Ripe for Retail

The top emerging countries for global apparel retail expansion.

clock June 5, 2008Cecily Hall


Memo Pad: On The Yves… They Get Married Just Like Us…

On Wednesday, Paris Match came out a day earlier than its regular schedule, boasting 42 pages on Yves Saint Laurent’s career.

clock June 5, 2008Chantal Goupil and Katya Foreman and Irin Carmon and Amy Wicks

The interior of Nanette Lepore's store in Chevy Chase.


Nanette Lepore Arrives in Chevy Chase

Nanette Lepore doesn’t shy away from mixing politics with fashion, and she’s found the right town for the launch of her ninth store.

clock June 5, 2008Kristi Ellis

Stroget is the longest pedestrian shopping street in Europe.

Fashion Features

Letter From Copenhagen: A Fashion Capital in Waiting

As capital of the only Scandinavian country connected to continental Europe, Copenhagen has long been considered the gateway to the region.

clock June 5, 2008Ellen Groves

Fashion Features

Copenhagen: Vital Stats

Population… Major businesses with headquarters in Copenhagen…

clock June 5, 2008WWD Staff

WWD Image

Fashion Features

Copenhagen: Pedal Pushers

Biking in Copenhagen doesn’t mean compromising on style. Copenhageners are the queens of casual chic, sporting skinny jeans or leggings, ballerina flats and funky scarves as they cruise around town.

clock June 5, 2008WWD Staff

Fashion Features

Copenhagen: Scene

Since Denmark was once voted the happiest nation in the world, it’s no wonder its capital boasts a vibrant cultural and restaurant scene.

clock June 5, 2008Ellen Groves

Lilly Pulitzer decked The Breakers in pink and green to celebrate its 50th.

Fashion Features

Lilly’s Palm Beach Jubilee

Lilly Pulitzer is out to throw its heritage around in the contemporary market.

clock June 5, 2008Julee Kaplan

A work by Dennis Hopper.


Hopper Hosts G-Star Art Show

Seeking to build its streetwear-meets-luxury platform in the U.S., Dutch denim brand G-Star on Wednesday mounted Raw Nights, a one-night-only art…

clock June 5, 2008Marcy Medina

Gaetano Sallorenzo, Replay


Replay Sets Sights on India, China

Replay is looking East.

clock June 5, 2008Luisa Zargani

Sophia Kokosalaki


Kokosalaki to Do High-End Denim

Sophia Kokosalaki is venturing into new territory with a denim capsule collection that will bow in July.

clock June 5, 2008Luisa Zargani

Lela Rose

Fashion Features

Flights of Whimsy

Thakoon Panichgul still loves flowers, but for resort, he blows them up into wild, vibrant graphics, as seen on a crisp shirt-and-skirt combo.

clock June 5, 2008WWD Staff

To wit: her beaded jacket, bow top and slim shorts.


Take a Bow

Flou is a key ingredient in Donna Karan’s resort collection, which is chock-full of girly touches such as pearls, elaborate embroideries and bows.

clock June 5, 2008WWD Staff

Burt Tansky


The Economic Hangover: Neiman Marcus Profits Drop 7 Percent in Quarter

The Neiman Marcus Group Inc. is running up against the economy’s headwinds.

clock June 5, 2008David Moin


Service Key for Department Stores

Whether they’re operating in the economic doldrums of the U.S. or the rapidly growing economies of Russia, China, Thailand and Malaysia, retailers gathered…

clock June 5, 2008Nina Jones


Saks Looking Overseas for Growth, Opens Men’s Boutique in Dubai

Saks Inc. is targeting overseas expansion as a key strategy as the U.S. economy falters and took another step in that direction Wednesday with the opening…

clock June 5, 2008Brenda Lloyd

Workers arrange flowers in the Saint-Roch church ahead of Thursday's funeral service.

Fashion Features

Final Preparations for Saint Laurent Funeral

Flowers were piling up in front of the Pierre Berg??-Yves Saint Laurent Foundation in memory of the late designer as preparations were being completed…

clock June 5, 2008Robert Murphy and Chantal Goupil

Yves Saint Laurent evening ensemble from fall-winter 1984.

Fashion Features

Montreal Museum Offers YSL Retrospective

As preparations begin for the funeral today of Yves Saint Laurent, the Montreal Museum of Fine Arts is mounting the first retrospective spanning 40 years of…

clock June 5, 2008Brian Dunn


Jean-Charles de Castelbajac Boutique Lands in London

“It’s like a UFO on Conduit Street,” said Jean-Charles de Castelbajac, surveying the interior of his newly minted 2,550-square-foot store located just…

clock June 5, 2008Nina Jones

A spring 2008 look from Ella Moss.


VF Takes Stake in Splendid, Ella Moss Parent

VF Corp. is beefing up its contemporary sportswear coalition.

clock June 5, 2008Ross Tucker and Vicki M. Young


Vuitton S.F. Flagship Elevated to Maison

The Louis Vuitton store in Union Square here already has one of the hottest locations in retail at Stockton and Geary Streets, with Neiman Marcus, Barneys…

clock June 5, 2008Joanna Ramey


Court Rules for Hermes In EBay Counterfeit Suit

Herm??s International scored a court victory Wednesday against eBay for selling counterfeit luxury goods.

clock June 5, 2008Katya Foreman


Harry Winston 1Q Sales Up, Operating Losses Doubled

Harry Winston’s first-quarter retail sales grew 27.4 percent, thanks to strength in Asia and Europe, but expenses and lower-margin sales led to a widening…

clock June 5, 2008Evan Clark

Brookti Berne in Narciso Rodriguez.

Fashion Scoops

Fashion Scoops: Mugler’s Phoenix… It’s Narciso… Casting Call…

Calling all shoulder pads. The revival of the Thierry Mugler women’s line is bound to add a dose of otherworldly glamour to Paris couture week.

clock June 5, 2008WWD Staff

Fashion Features

In Brief: Growth Plan… Trading Spaces

Allergan Inc. plans to begin seeking in the late third quarter U.S. Food and Drug Administration approval for a drug containing bimatoprost, an ingredient said to grow and thicken eyelashes.

clock June 5, 2008WWD Staff


Today's Must Read

Stuart Weitzman boots designed by Giovanni Morelli.


Tapestry Sues Exec Claiming Sexual Harassment for Contract Breach

clock 8hKali Hays and Misty White Sidell

Social Studies