×
75 101
Fashion Jobs
UNDER ARMOUR
Stock Lead, ft (5am to 2pm Tuesday Through Saturday)
Permanent · ALBERTVILLE
THE REALREAL
Sales Account Manager (Account Luxury Manager)
Permanent · Berkeley
THE REALREAL
Sales Account Manager (Account Luxury Manager)
Permanent · Emeryville
THE REALREAL
Sales Account Manager (Account Luxury Manager)
Permanent · Hayward
KOHLS
Full-Time Stockroom Operations Supervisor
Permanent · Saratoga Springs
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Berlin
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Strongsville
KOHLS
Full-Time Stockroom Operations Supervisor
Permanent · Georgetown
KOHLS
Full-Time Stockroom Operations Lead
Permanent · Columbia
KOHLS
Part-Time Stockroom Operations Associate (Early Morning)
Permanent · Forsyth
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Carmel
KOHLS
Customs Compliance Coordinator
Permanent · Menomonee Falls
KOHLS
Part-Time Stockroom Operations Associate (Early Morning)
Permanent · Folsom
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Coralville
KOHLS
Full-Time Stockroom Operations Supervisor
Permanent · Coralville
KOHLS
Full-Time Stockroom Operations Supervisor
Permanent · Federal Way
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Maple Grove
NORDSTROM
Retail Stock - Preston Shepard Place Rack
Permanent · Plano
NORDSTROM
Retail Stock - Orchard Place Rack
Permanent · Skokie
NORDSTROM
Overnight Retail Stock & Fulfillment - Washington Square
Permanent · Tigard
NORDSTROM
Asset Protection - Agent - Grand Plaza Rack
Permanent · San Marcos
NORDSTROM
Asset Protection - Agent - Carmel Mountain Plaza Rack
Permanent · San Diego
Published
Jun 7, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Neiman Marcus bets on new innovation strategy with sales boost

Published
Jun 7, 2018

Neiman Marcus Group announced on Wednesday year-over-year sales growth for the third consecutive quarter, allowing the company to further trust its innovation strategy. 

Same-store sales increased 6 percent, while online sales were also a highlight up 17.1 percent to $416 million, representing more than 35 percent of overall sales - Facebook: Neiman Marcus

 
The US luxury retailer reported total revenues of $1.17 billion, up 4.8 percent, for its third quarter, ended April 28, 2018. This compared to total revenues of $1.11 billion for the third quarter of fiscal year 2017. 
 
Same-store sales increased 6 percent, while online sales were also a highlight up 17.1 percent to $416 million, representing more than 35 percent of overall sales. 

The Dallas, Texas-based company also narrowed its net loss during the quarter, which was $19.9 million compared to a net loss of $24.9 million for the third quarter of fiscal year 2017.
 
Neiman Marcus cited a provisional non-cash income tax benefit of approximately $386.2 million in fiscal year 2018, and non-cash impairment charges of $153.8 million in the second quarter of fiscal year 2017, still impacting bottom line results. 
 
Meanwhile, on a year-to-date basis, the company reported total revenues of $3.77 billion, representing an increase of 5.1 percent compared to total revenues of $3.59 billion for the same period in the prior year. During this same period, comparable revenues increased 5.7 percent.
 
“Our strategy is working, so we will continue to be laser-focused on areas that set us apart from competitors – innovation that enhances the customer experience, a strong high-performance culture and new partnerships with both emerging and industry-leading luxury brands,” said Geoffroy van Raemdonck, Chief Executive Officer.

“Our customers trust us to be a curator of trends today and tomorrow, and we are delivering for them.”

Copyright © 2023 FashionNetwork.com All rights reserved.