Neiman Marcus expects strong holiday sales

2021-10-27

Neiman Marcus reported a 6% increase in sales in the quarter ending July 30, compared to the same period in 2019, and inventory levels were down 21%, spurring more full-price sales. "We expect that the social calendar and travel calendar will really drive demand this holiday season," CEO Geoffroy van Raemdonck said.

Full story:

NRF SmartBrief

News and trends about the U.S. Retail industry

Designed specifically for retail professionals, NRF SmartBrief is a FREE daily e-mail newsletter. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition.