Neiman Marcus, Inc. reported total revenues dropped 10.2% in November to $324 million from $360 million a year ago. Comps dropped 11.9%.
The Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 11.8%. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer handbags, shoes and women's fine apparel.
Comparable revenues at Neiman Marcus Direct in the four-week November period decreased 12.3%. The top selling merchandise categories in the Direct Marketing segment included women's contemporary sportswear, handbags and shoes.
