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Neiman Marcus to be sold

Discussion in 'Classic Menswear' started by bryce330, May 2, 2005.

  1. bryce330

    bryce330 Senior member

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    http://www.nytimes.com/2005....omepage The most interesting fact in the article is that they will be expanding into new cities (i.e. Seattle) and possibly opening more Bergdorf Goodman stores. Hopefully, the merchandise will not change for the worse.
     


  2. Mike C.

    Mike C. Senior member

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    Wow... more Bergdorf's. That would suck. BG is a one of a kind store.

    As for the merchandise. It will probably only get better, definitely not worse. It is widely know that NM has been doing well in the past few years is because of their dedication to upscale brands and keeping it that way.
     


  3. StevenRocks

    StevenRocks Senior member

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    They definately need to keep BG a Manhattan exclusive. Cheapening the name by overexpansion can only hurt them.
     


  4. tdial

    tdial Senior member

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    I disagree. Who is it going to hurt? And by "hurt" what do you mean? If they expand the BG franchise into, let's say, 5 additional key markets (e.g. Chicago, SF, DC, Atlanta, and Dallas), how is that going to hurt them, assuming they hit their profitability targets in those markets? I suppose you mean that the cache of BG being a NY exclusive will be tarnished somewhat, but if I'm an executive, I'd rather have 4 X earnings rather than 1 X cache.
     


  5. whnay.

    whnay. Senior member Dubiously Honored

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    Hopefully this turns into good news, maybe they'll start selling EG's....
     


  6. alchimiste

    alchimiste Senior member

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    This seems to make sense. How many customers do they have from outside NY? If they open a few more they may lose some business in NY because people will buy at home instead of shopping when they travel, but that shouldn't hurt them very much.
     


  7. jcusey

    jcusey Senior member Dubiously Honored

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    Alas, not likely, at least not as a result of this. Adam Derrick owns the shoe concession at BG.
     


  8. AlanC

    AlanC Minister of Trad

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    More stores means more merchandise, which means more future merchandise available at discount and clearance. Sounds good to me. [​IMG]
     


  9. discostu004

    discostu004 Affiliate vendor

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    i hope they don't get rid of those sweet donna karan suits, and the ENDLESS parade of women's stuff
     


  10. spatten

    spatten Senior member

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    I'm hoping they don't get rid of last call - that's my main avenue for new suits.
     


  11. imageWIS

    imageWIS Senior member

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    You mean endless parade of women, don't you?

    (Bal Harbour Shops' NM makes for excellent eye candy)

    Jon.
     


  12. discostu004

    discostu004 Affiliate vendor

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    the skinny, over makeup'ed girls make me ill. went w/ mrs.discostu004 once to get osmething for her mom and it seemed like the place was never-ending and it was all garbage
     


  13. LA Guy

    LA Guy Opposite Santa Staff Member Admin Moderator

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    Definitely not a NM fan (don't really like Bergdorfs either, for that matter.) In LA, at least, NM definitely catered to the ladies who lunch, Eurotrash, and rich old men (notice I did not say stylish). The NM in SF is better, but I defintely prefer the Saks men in SF. Give me a really good independent like Louis or Wilkes, a younger, no, we don't carry Brioni sport for the local Mafioso chain like Barney's, or better still, an independent boutique either.

    And is it just me, but do really, really thin women turn anybody a little off?
     


  14. johnnynorman3

    johnnynorman3 Senior member

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    Not just you -- I'm all for tiny waists, but not if it comes along with a bony back and no . . . well, you know . . .

    What turns me off especially is 30 something women that are as thin as 14 year old girls -- it's clearly unnatural. It's one thing to stay in shape; quite another to not eat.
     


  15. aybojs

    aybojs Senior member

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    I do pretty much all my physical clothing shopping at Neiman's and really hope they don't have any major shakeups as far as their stores or product lines go. First off, as someone who lives in Texas and plans on remaining there for the near future, I have to say they're the only store in the region with a worthwhile selection. Nordstrom here carries all mid-level vanilla American brands, while Saks just carries the usual ho-hum designers that offer names that may impress the general public, but not quality or taste (Prada, D&G, Hugo Boss, etc). I don't shop at speciality stores because retail simply costs too much and I know my size and preferences enough to be able to grab what I want off the rack and go to the register without relying on sales help (so why pay the extra overhead?). Last Call, in particular, is a godsend for me... I hope they don't mess with it. And to answer LAGuy's question, I have to say no, I really like them [​IMG].
     


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