Fashion Retailing Job Woes

If you’re wondering what caused the Dow to drop yesterday, look no further than the December retail reports.  Holiday 2008 was one of the worst in decades, in spite of all the sales leading up to and following the Christmas holiday.  Now, the pink slips are flying.
Neiman Marcus announced 375 job cuts across all its divisions, including both [...]

A Guide to Elegance

Do you have elegance?
Do you take such care with your appearance and manners that people regularly compliment you? Do you have a flair for style and grace that others try to emulate? Do you frequently receive compliments on your children’s manners and appearance?
If so, quit reading. You don’t need me.
But if the answer is “sometimes” [...]

Neiman Marcus Fantasy Christmas Gifts

Neiman Marcus just released their 2007 Christmas Book,  complete with His and Hers Double Portrait in Chocolate  ($110,000), a diamond-encrusted cell phone ($73,000), and a private holiday concert by the Kirov Orchestra hosted by Regis Philbin for 500 of your closest friends ($1,590,000). A bit out of your price range?  Try the Neiman Marcus Limited [...]

Neiman Marcus Security Breech

Neiman Marcus reported this week that personal information from 160,000 current and former employees fell into the wrong hands earlier this month when one of its computers was stolen from a third-party contractor working on the company’s pension plan.  Names, addresses, Social Security numbers and the like were among the sensitive information stolen for the [...]

Stanley Marcus Saw the Future

Do you know the story of Neiman Marcus?
Herbert and Carrie Marcus were brother and sister, and they sold ready-to-wear and made-to-order clothes at different shops in Dallas in the early 1900’s.  They were both very good at what they did (21 year-old Carrie’s commissions were $100 a week when the average professional made about $40 a week), [...]

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