| Business Summary | | Neiman-Marcus
Group,
Inc.
is
a
high-end
specialty
retailer
operating
through
specialty
retail
stores,
consisting
of
Neiman
Marcus
Stores
and
Bergdorf
Goodman,
and
a
direct
marketing
operation,
Neiman
Marcus
Direct.
The
31
Neiman
Marcus
stores
are
in
premier
retail
locations
in
major
markets
nationwide,
and
the
two
Bergdorf
Goodman
stores,
the
main
store
and
the
Bergdorf
Goodman
Men
store,
are
located
in
Manhattan
at
58th
Street
and
Fifth
Avenue.
Neiman
Marcus
Stores
and
Bergdorf
Goodman
offer
high-end
fashion
apparel
and
accessories
primarily
from
leading
designers.
Neiman
Marcus
Direct,
the
Company's
direct
marketing
operation,
offers
a
mix
of
apparel
and
home
furnishings
that
is
complementary
to
the
Neiman
Marcus
Stores
merchandise.
Neiman
Marcus
Direct
also
publishes
the
Horchow
catalogues,
the
Neiman
Marcus
Christmas
Book,
and
Chef's
Catalog,
a
direct
marketer
of
gourmet
cookware
and
high-end
kitchenware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NMG.A
operating
through
Neiman
Marcus
Stores,
Bergdorf
Goodman
and
NM
Direct,
a
high-end
specialty
retailer,
offers
apparel,
fashion
and
home
accessories,
shoes,
jewelry,
cosmetics,
furs,
and
gourmet
food
products.
For
the
39
weeks
ended
4/28/01,
revenues
rose
4%
to
$2.32
billion.
Net
income
before
acct.
chg.
rose
2%
to
$126.2
million.
Results
reflect
comparable
sales
growth
and
lower
markdowns,
partially
offset
by
higher
costs
of
goods
sold. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Richard Smith, 76 Chairman | -- | Brian Knez, 43 Co-CEO | $252K | Robert Smith, 41 Co-CEO | 252K | Burton Tanksy, 62 Pres
and COO | 2.9M | James Skinner, 47 CFO,
Sr. VP | -- | Dollar amounts are as of 29-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|