Jewelry Plays a Role in Neiman Marcus’s 8.3% December Sales Increase

Privately held Neiman Marcus, Inc. said Thursday that for the five-week period ended Dec. 30, total revenue was $689 million, an 8.3 percent increase from the same period in the prior year. Same-store sales increased 7.1 percent for the period.

In the five-week December period, the Dallas-based company said comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 7.3 percent.

Revenue growth trends were the strongest in the company’s stores in the Midwest, Texas, and New York City. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer handbags, jewelry, women’s couture and evening apparel and shoes.

Comparable revenues at Neiman Marcus Direct in the five-week December period increased 5.8 percent. The top selling merchandise categories in the Direct Marketing segment included jewelry, women’s apparel and shoes, handbags and men’s furnishings.