Neiman Marcus Executive Summary
Company Profile
Neiman Marcus is a luxury department store retailer offering upscale assortments of apparel, accessories, jewelry, beauty, and decorative home products to the affluent consumer.
As of January 28, 2012 the company operated 41 Neiman Marcus stores, 2 Bergdorf Goodman stores, and 30 Last Call clearance centers, as well as a direct-to-consumer business with catalog and internet operations under the Neiman Marcus, Horchow and Bergdorf Goodman brand names.
Company Overview Internet Retailer Top 500 Rank | 41 | Type of Business | CM | 2011 Net Sales | $ 4.0 Billion | 2011 E-Commerce Sales | $ 653.7 Million | 2011 Ecommerce sales growth | 13.90% | Major categories | Apparel & Accessories, Jewelry, Beauty and Decorative …show more content…
* For the first quarter of 2012 ended Oct. 29 E-commerce sales increased year over year 19.4% to $166 million from $139 million in the first quarter of fiscal 2011
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Sep 23, 2011 E-commerce tops 16% of sales for Neiman Marcus in fiscal 2011 * The web grows 13.9% as total sales increase 8.4%. * E-commerce sales increased year over year 13.9% to $653.7 million from $574.0 million. Total sales increased 8.4% to $4.0 billion in fiscal 2011 from $3.69 billion in fiscal 2010.
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June 14, 2011 Neiman Marcus names a new e-commerce president * Neiman Marcus has named John E. Koryl as the new president of Neiman Marcus Direct. He replaces Gerald Barnes, who will become executive vice president, chief merchant, Neiman Marcus Direct.
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Ecommerce Initiatives
22 Mar 2012 Neiman Marcus Chases China Boom with Ecommerce Launch * Neiman Marcus recently announced a move into the growing China market. The move is part of a partnership with Glamour Sales Holding, a company specializing in ecommerce. Neiman Marcus hopes to have a website for the Chinese market live by the end of …show more content…
Employees | 14,900 | 3,000 | 56,500 | 13,500 |
Comparative Fiscal Year 2011 Net Sales by Category (as % of Total)
Comparative Fiscal Year 2010 Net Sales by Category (as % of Total)
Comparative Fiscal Year 2009 Net Sales by Category (as % of Total)
E-Commerce News @Competitors
Barneys New York
May 21, 2012 Barneys creates branded social experience via ecommerce site redesign
April 3, 2012 Barneys grabs ecommerce reins with shoppable video
May 23, 2012 Barneys New York gets an e-makeover
May 31, 2011 Barneys New York Launches International Shipping to 90 Countries on E-Commerce Site Barneys.com
Nov 30, 2010 Barneys hires a former Gucci exec to oversee e-commerce
Sep 9, 2010 Barneys New York sends out a multimedia online catalog with videos
Nordstrom
Feb 20, 2012 Nordstrom doubles up on the web
May 10, 2012 Nordstrom Takes Hit on E-Commerce Expenses
Apr 13, 2012 Nordstrom expands e-commerce edge with second investment
Jan 14, 2012 Nordstrom sees more e-commerce, mobile commerce in its future
Aug12, 2011 Nordstrom will spend heavily to secure its e-commerce future
Mar 23, 2011 Nordstrom completes acquisition of HauteLook
Saks Sep 14, 2011 Saks promotes its e-commerce president to chief marketing
Neiman Marcus is a luxury department store retailer offering upscale assortments of apparel, accessories, jewelry, beauty, and decorative home products to the affluent consumer.
As of January 28, 2012 the company operated 41 Neiman Marcus stores, 2 Bergdorf Goodman stores, and 30 Last Call clearance centers, as well as a direct-to-consumer business with catalog and internet operations under the Neiman Marcus, Horchow and Bergdorf Goodman brand names.
Company Overview Internet Retailer Top 500 Rank | 41 | Type of Business | CM | 2011 Net Sales | $ 4.0 Billion | 2011 E-Commerce Sales | $ 653.7 Million | 2011 Ecommerce sales growth | 13.90% | Major categories | Apparel & Accessories, Jewelry, Beauty and Decorative …show more content…
* For the first quarter of 2012 ended Oct. 29 E-commerce sales increased year over year 19.4% to $166 million from $139 million in the first quarter of fiscal 2011
Read More>>
Sep 23, 2011 E-commerce tops 16% of sales for Neiman Marcus in fiscal 2011 * The web grows 13.9% as total sales increase 8.4%. * E-commerce sales increased year over year 13.9% to $653.7 million from $574.0 million. Total sales increased 8.4% to $4.0 billion in fiscal 2011 from $3.69 billion in fiscal 2010.
Read More>>
June 14, 2011 Neiman Marcus names a new e-commerce president * Neiman Marcus has named John E. Koryl as the new president of Neiman Marcus Direct. He replaces Gerald Barnes, who will become executive vice president, chief merchant, Neiman Marcus Direct.
Read More>>
Ecommerce Initiatives
22 Mar 2012 Neiman Marcus Chases China Boom with Ecommerce Launch * Neiman Marcus recently announced a move into the growing China market. The move is part of a partnership with Glamour Sales Holding, a company specializing in ecommerce. Neiman Marcus hopes to have a website for the Chinese market live by the end of …show more content…
Employees | 14,900 | 3,000 | 56,500 | 13,500 |
Comparative Fiscal Year 2011 Net Sales by Category (as % of Total)
Comparative Fiscal Year 2010 Net Sales by Category (as % of Total)
Comparative Fiscal Year 2009 Net Sales by Category (as % of Total)
E-Commerce News @Competitors
Barneys New York
May 21, 2012 Barneys creates branded social experience via ecommerce site redesign
April 3, 2012 Barneys grabs ecommerce reins with shoppable video
May 23, 2012 Barneys New York gets an e-makeover
May 31, 2011 Barneys New York Launches International Shipping to 90 Countries on E-Commerce Site Barneys.com
Nov 30, 2010 Barneys hires a former Gucci exec to oversee e-commerce
Sep 9, 2010 Barneys New York sends out a multimedia online catalog with videos
Nordstrom
Feb 20, 2012 Nordstrom doubles up on the web
May 10, 2012 Nordstrom Takes Hit on E-Commerce Expenses
Apr 13, 2012 Nordstrom expands e-commerce edge with second investment
Jan 14, 2012 Nordstrom sees more e-commerce, mobile commerce in its future
Aug12, 2011 Nordstrom will spend heavily to secure its e-commerce future
Mar 23, 2011 Nordstrom completes acquisition of HauteLook
Saks Sep 14, 2011 Saks promotes its e-commerce president to chief marketing