A Happy Holidays for Neiman Marcus; Jewelry a strong performer

Neiman Marcus said Thursday that comparable revenue for the five-week period ended Dec. 31 rose 8.3 percent to $631 million, when compared to the same period of the previous year. The company’s total revenue for the period rose 11.1 percent to $650 million.

Sales at its Specialty Retail Stores segment, which consists of Neiman Marcus Stores and Bergdorf Goodman, increased 5.3 percent for the five-week period. Revenue growth trends were the strongest in company’s stores in the southeast and western regions, Neiman Marcus said. The merchandise categories in the Specialty Retail Stores segment that performed well included women’s contemporary sportswear and designer apparel, jewelry, designer handbags, beauty, and men’s.

Meanwhile, comparable revenues at Neiman Marcus Direct in the five-week December period increased 25.4 percent. The top selling merchandise categories in the Direct Marketing segment included jewelry, shoes, handbags, women’s apparel, men’s, home decor and gifts.

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