Neiman Marcus, Inc. reported June comps dropped 20.8%. Total revenues were down 19.4% to $323 million from $401 million a year ago.
In the five-week June period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 23.0%. The company experienced weakness across all geographies and merchandise categories in the Specialty Retail Stores segment.
Comparable revenues at Neiman Marcus Direct in the five-week June period decreased 9.7%. The top selling merchandise categories in the Direct Marketing segment included women's apparel, shoes and men's.
