Neiman Marcus

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Saks Is Buying High-End Rival in a Deal That Cuts in Amazon

$2.65B agreement makes Neiman Marcus part of Saks Global

(Newser) - Saks Fifth Avenue and Neiman Marcus announced Thursday that after months of negotiations, they're ending their high-end competition. The boards of both privately held companies have approved the agreement, which calls for Saks' parent company to acquire its rival for $2.65 billion and create a new group called...

Christmas Catalog for the Rich Is a Little Different This Year

Focus is on staying comfortable at home, or visiting remote parts of US

(Newser) - This year's Neiman Marcus catalog of "Fantasy Gifts" for the super-rich has been released—and while there's no shortage of items for the 1% to splurge on, the 2020 book's focus is largely on staying home comfortably, and all the jet-setting trips available are within the...

First Department Store Chain Falls to Coronavirus

Luxury giant Neiman Marcus files for Chapter 11

(Newser) - Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to be toppled by the coronavirus pandemic, per the AP . The move follows the bankruptcy filing by J. Crew , which became the first major retailer to reorganize during the...

This Might Be First Major Department Store Casualty

Neiman Marcus to file for bankruptcy amid pandemic, says Reuters

(Newser) - With all of its stores closed, burdened by $4.8 billion in loans, Neiman Marcus is moving toward seeking bankruptcy protection. The filing could come this week, Reuters reports. It would be the first major department store company to reach that point since the pandemic hit the US, and Neiman...

Neiman Marcus Hawking a Poor Man's Staple—for $66

Or you can buy Thanksgiving dinner for the low, low price of $495, plus shipping

(Newser) - Not yet mastered the art of cooking a Thanksgiving turkey? Neiman Marcus can help you out—for a price. As part of its Christmas Book of fantasy gifts, the department store chain is offering a " Holiday Turkey Dinner " for $495 plus shipping, complete with a 12-pound roast turkey,...

The Christmas Catalog for the Super Rich Is Here Again

Stuff your stocking like the 1%

(Newser) - You know what they say: Money can't buy taste, but it can buy a motorcycle ride with Ted Logan himself, Keanu Reeves. That's right, it's time again to peek at how the 1% are treating themselves this holiday season with the 89th annual Neiman Marcus Christmas Book...

On Offer in Neiman Christmas Book: $475K Perfume

Plus: $300K model racetrack, $100K amphibious vehicles

(Newser) - Looking for the perfect gift this holiday season? Look no further: For just $475,000, Neiman Marcus is offering the chance to design a perfume with an expert in Paris. Your fragrance will come in 14-karat gold bottles, the Dallas Morning News reports. If that doesn't strike your fancy,...

Report Shows Just How Innovative Target Hack Was

Virus is impervious to antivirus software, uses method 'new to eCrime'

(Newser) - It looks like the hackers that hit Target had lots of other, well, targets. The Department of Homeland Security recently sent retailers and financial service companies a secret memo warning that the Target hit appeared to be part of a larger international campaign, the Wall Street Journal reports, an insight...

Target Hack Hit Point-of-Sale Terminals: CEO

Plus: At least 3 more top retailers reportedly breached

(Newser) - Victims of the Target hack were hit as they slid their payment cards through point-of-sale terminals, says the company's CEO: That's where hackers placed their malware, Gregg Steinhafel tells CNBC . On Sunday, Dec. 15, the company recognized "we had an issue," and "by six o'...

Now Neiman Marcus Has Been Hacked

Company alerting affected customers

(Newser) - Luxury merchant Neiman Marcus confirmed today that thieves stole some of its customers' payment card information and made unauthorized charges over the holiday season, making the company the second retailer in recent weeks to announce it had fallen victim to a cybersecurity attack. The hacking, coming weeks after Target revealed...

Neiman Marcus Gifts Include $1.9M Diamond Deal

Retailer out with annual luxury items

(Newser) - Need that one-of-a-kind stocking stuffer and have $1.9 million burning a hole in your pocket? Design your own diamond ring and travel to Africa to see where the stone came from. That's among the unique offerings for sale in the 87th edition of the Neiman Marcus Christmas Book,...

Mexico Arrests Its 'Most Powerful Woman'

Elba Esther Gordillo accused of embezzling millions from union workers

(Newser) - She's known as Mexico's most powerful woman, and she's currently sitting in prison. Elba Esther Gordillo was arrested on corruption charges last night after landing near Mexico City in a private plane, reports the AP . It's things like private planes that appear to be the problem:...

Neiman Marcus Joins Forces With ... Target

Rodarte, Derek Lam among designers participating

(Newser) - Move over Oscar and Felix: There's a new odd couple in town. Neiman Marcus and Target yesterday announced that they're teaming up this holiday season, with plans to offer 50-plus limited-edition items from big name designers like Diane von Furstenberg and Marc Jacobs, reports the Wall Street Journal ...

Hot Christmas Gifts: Ferrari, $45K Ping-Pong Table
Hot Christmas Gifts: Ferrari, $45K Ping-Pong Table
NEIMAN MARCUS LIST
Oct 19, 2011 10:20 AM CDT

Hot Christmas Gifts: Ferrari, $45K Ping-Pong Table

Fantasy gifts for 2011 unveiled in 'Christmas Book'

(Newser) - It’s that time of year again: time for Neiman Marcus to say, “Recession? What recession?” and urge you to purchase a $250,000 mahogany speedboat for your beloved this Christmas. Yes, the Christmas Book was unveiled yesterday. To really get into the holiday spirit, read on for the...

Neiman's 2010 Fantasy Gifts: $15K Gingerbread House

Welcome back, ridiculous $1 million-plus offerings!

(Newser) - Well, the economy must be getting better: Neiman Marcus has returned to the practice of putting $1 million-and-higher items in its annual Christmas catalog. Specifically, you can have Dale Chihuly transform your swimming pool into a work of art for $1.5 million. Last year, such items were bumped from...

Neiman 'Fantasy Gift' Pricetags Plummet to Mere $250K

Slowdown scales down costs as even super-rich turn 'frugal'

(Newser) - The slowdown in luxury spending has spurred Neiman Marcus to make its "fantasy items" in this year's Christmas catalog a lot less fantastic than in years past. For the first time in a decade there's no $1 million-plus items on offer, like the $20 million submarine offered in 2000...

Ashley: I'm Surprised I Didn't End Up Like Britney

Instead, she has two thriving fashion lines

(Newser) - Ashley Olsen grew up in the public eye, and her early career “was almost like I was in the army,” she tells Marie Claire. “That’s why I look at Britney, and I’m surprised I didn’t end up like her.” Instead of hitting therapy...

No Christmas Miracle for Retailers
 No Christmas  
 Miracle for Retailers 


RETAIL SALES
Dec 26, 2008 1:57 AM CST

No Christmas Miracle for Retailers

Even luxury sector sales in free fall

(Newser) - It was a bleak Christmas and promises to be a less than prosperous New Year for retailers with consumers tightening their belts and spending less, reports the Wall Street Journal. Retail sales dropped 5.5% in November and 8% in December, compared with the same months last year. Luxury goods,...

The Makeover Palin Should Have Had
The Makeover Palin Should Have Had
OPINION
Oct 23, 2008 3:00 PM CDT

The Makeover Palin Should Have Had

High-end duds totally at odds with GOP target (or Target) audience

(Newser) - That the GOP dressed up “a no-frills hockey mom” for her star turn is fine, but that they dressed her up in Neiman's, Saks, and Barneys is “mind-boggling evidence of a tin ear for the symbolism of popular culture,” style maven Robin Givhan wails in the Washington ...

All I Want for Xmas is a $1.6M Concert

Private Kirov Orchestra show tops new Neiman Marcus gift catalogue

(Newser) - A $1.6 million concert by the Kirov Orchestra is just one eye-popping highlight of Neiman Marcus' brand new Christmas catalogue, which is chock full of super-extravagant gifts most of us can only salivate over. The private concert for 500 includes a Steinway Concert Grand piano autographed by the musicians....

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