Off-Price Seen Key To Neiman’s Growth

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Overview

The Neiman Marcus Group, long synonymous with luxury, service and style, sees a value-driven off-price strategy as part of the blueprint.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

A view of Bergdorf Goodman's holiday windows.

Retail

Bergdorf Goodman’s Explosive Holiday Kickoff

The retailer set off fireworks from its rooftop to celebrate the windows.

clock November 18, 2014Sharon Edelson

Gigi Hadid in the Pirelli 2015 calendar.

Fashion Scoops

Steven Meisel Shoots Pirelli Calendar

Adriana Lima, Natalia Vodianova and Isabeli Fontana are among models featured.

clock November 18, 2014Luisa Zargani

Human Resources

Chaumet Appoints New CEO

Louis Vuitton executive Jean-Marc Mansvelt is to succeed Thierry Fritsch.

clock November 18, 2014Miles Socha

Government and Trade

Japan Postpones Sales-Tax Increase

Prime minister Shinzo Abe calls for an early election amid an economy mired in recession.

clock November 18, 2014Bloomberg Staff

Financial

Europe’s Luxury Sector Enters Subdued Era

Bernstein Research predicts mid single-digit growth through 2018.

clock November 18, 2014Miles Socha

Business Features

TJX Eschews U.S. Port Delays

The company reported bottom-line results that matched analysts’ expectations for the third quarter despite revenues that fell short of estimates.

clock November 18, 2014Arnold J. Karr

Nina Lawrence

Media

InStyle Hires New Publisher

The Time Inc. title has dismissed its publisher Karin Tracy and replaced her with Nina Lawrence of The Wall Street Journal.

clock November 18, 2014Alexandra Steigrad

Miley Cyrus photographed by Terry Richardson.

Marketing and Promotion

Miley Cyrus Stars in Golden Lady Ad

For its new line of Golden Lady seamless tights, the Italian hosiery and intimates firm has unleashed a new ad campaign.

clock November 18, 2014Cynthia Martens

Nest fragrances sold at Sephora.

Human Resources

Nancy McKay Joins Nest Fragrances as CEO

Founder Laura Slatkin moves up to executive chairman while rolling out a dramatic growth campaign, driven by an expansion of distribution overseas.

clock November 18, 2014Pete Born

Melanie Griffith

Parties

All-Star Ensemble Acts in ’24 Hour Plays’

The event on Monday night supported the nonprofit Urban Arts Partnership.

clock November 18, 2014Kristen Tauer

Designer and Luxury

Akris Opens Palm Beach Location

The St. Gallen, Switzerland-based brand opened an 878-square-foot unit at 150 Worth Avenue in Palm Beach, Fla., last week.

clock November 18, 2014Marc Karimzadeh

Frida Giannini

Designer and Luxury

Gucci Marks Moscow Expansion

The luxury Italian brand officially launched two flagships in Moscow last week.

clock November 18, 2014Howard Amos

Media

FGI Systems Hit by Hackers

The Fashion Group International’s 10-person office has pretty much been immobilized since its computer system was hacked Friday.

clock November 18, 2014Rosemary Feitelberg

Human Resources

Avon Resets Latin American Management

Chief marketing officer Patricia Perez-Ayala will leave the company on Jan. 2.

clock November 18, 2014Arnold J. Karr

Ralph Rucci and André Leon Talley

Fashion Features

Ralph Rucci Speaks at FGI Tastemakers Luncheon

Before a far-ranging conversation with André Leon Talley, the designer said he has decided on his next career move, but he is not yet able to disclose it.

clock November 18, 2014Rosemary Feitelberg

Items in the exhibit.

Fashion Features

‘Pradasphere’ Celebrated in Hong Kong

The traveling exhibition opened on the rooftop of Central Ferry Pier 4 here on Tuesday night.

clock November 18, 2014Payal Uttam

Fashion Scoops

Alexander Wang Opening First London Store

The designer will join brands including Paul Smith, Amanda Wakeley, Buccellati and Garrard & Co. on Albemarle Street in Mayfair.

clock November 18, 2014Samantha Conti

DKNY uses graphic black-and-white embroidered polyester and mesh to transform an easy fit-and-flare silhouette into an eye-catching look. Iwona Ludyga Design necklace worn as a bracelet.

Fashion Trends

Spring 2015 Trend: Fiber Optics

Graphic black-and-white patterns and bold accessories combine for high-impact day-to-night dressing, giving a visual pop to practical spring looks.

clock November 19, 2014Antonia Sardone

Marc Quinn, Tommy Hilfiger and Lawrence Stroll.

Parties

Dee Ocleppo and Tommy Hilfiger Hit London

Elizabeth Saltzman and Ocleppo’s husband hosted a dinner Monday night to celebrate her new handbag collection, available at Harrods.

clock November 19, 2014Julia Neel

James Bay

People

James Bay, Indie Rock Ingenue

Christopher Bailey enlisted singer-songwriter to perform at the Burberry Prorsum spring show after discovering Bay on YouTube.

clock November 19, 2014Taylor Harris and Luis Campuzano

Retail

ShopHQ Owner Changes Name to Evine Live

The company formerly known as ValueVision Media Inc. has acquired certain assets connected with evine.com.

clock November 19, 2014Vicki M. Young

LikeAGlove's smart garment and the app.

Textiles

LikeAGlove Evolves Personalization

The smart garments from the new wearable technology brand are being introduced today at the DEMO Fall 2014 conference in San Jose, Calif.

clock November 19, 2014Lisa Lockwood

A look from Uniqlo.

Retail

Uniqlo Gets Aggressive With U.S. Store Plan

With only five years left to achieve Tadashi Yanai’s oft-stated goal of $50 billion in sales by 2020, the company is stepping things up.

clock November 19, 2014Sharon Edelson and Jean E. Palmieri

Last Call Studio in Brooklyn.

Retail

Neiman Marcus Group Sees Off-Price as Key Growth Driver

This year has been pivotal for the Last Call Studio off-price business, which adds a unit in downtown Brooklyn this week.

clock November 19, 2014David Moin

Pilar Guzman, Yolanda Edwards and Mimi Thorisson.

Media

Condé Nast Traveler’s Busy First Day at One World Trade

Employees moved from 4 Times Square on Monday, while it was pouring rain, and the publication threw two parties that night, simultaneously.

clock November 19, 2014Alexandra Steigrad

Bouchra Jarrar sleeveless jacket and trousers exclusively created for The Webster Miami x Le Bon Marché Paris.

Fashion Scoops

Le Bon Marché Reveals More Details About Collaboration With The Webster Miami

The retailer commissioned brands to create clothing and accessories for the limited-edition collection.

clock November 19, 2014Joelle Diderich

Kendall Jenner, Chanel Iman, Jourdan Dunn and Toni Garrn.

Fashion Scoops

Topshop to Auction Dresses Made for 2014 Met Ball

All proceeds will go to the charity Fashion Targets Breast Cancer.

clock November 19, 2014Samantha Conti

Fashion Scoops

Barrie and Maison Michel Confirmed to Open in London’s Burlington Arcade

As reported, Chanel signed a long-term lease for a series of stores at the arcade.

clock November 19, 2014Samantha Conti

Essentialist

Today's Must Read

Business

Massimo Ferretti on Alberta Ferretti's Evolution

clock May 18, 2019Luisa Zargani

Social Studies