×
3 834
Fashion Jobs
ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · London
ABERCROMBIE AND FITCH CO.
Asset Protection Agent
Permanent · London
NGG
Revenue Operations Manager
Permanent · LONDON
DEBENHAMS
Key Account Manager
Permanent · LONDON
BOOHOO
SEO Assistant & Copywriter
Permanent · MANCHESTER
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · INVERNESS
FRASERS GROUP
General Kitchen Manager
Permanent · SHIREBROOK
URBN
Free People Keyholder - Duke of York, London (16hrs)
Permanent · LONDON
URBN
Free People Keyholder - Duke of York, London (32hrs)
Permanent · LONDON
HARVEY NICHOLS KNIGHTSBRIDGE
Security Officer
Permanent · LONDON
AESOP
Retail Consultant | Aesop Harrods Counter London | Full Time
Permanent · London
VF INTERNATIONAL
Credit Controller - German Speaking
Permanent · CALVERTON
NEW BALANCE
Associate Trade Marketing Manager, Lifestyle
Permanent · Warrington
MATCHES FASHION
Accounts Payable Assistant
Permanent · LONDON
I SAW IT FIRST
Head of Creative - i Saw IT First & Missguided
Permanent · STRETFORD
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · DARTFORD
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · SELBY
MULBERRY
Customs Entry Coordinator
Permanent · SHEPTON MALLET
SELFRIDGES
Finance Manager - Stock
Permanent · LONDON
NEXT
Sales Manager - Stockton Teesside Retail Park
Permanent · THORNABY
NEXT
Sales Coordinator - Blackburn The Mall
Permanent · BLACKBURN
NEXT
Stock Coordinator - Merthyr Tydfil
Permanent · MERTHYR TYDFIL
Ads
By
Reuters
Published
Oct 25, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Neiman Marcus to open moderately priced chain

By
Reuters
Published
Oct 25, 2010

(Reuters) - Luxury department store chain Neiman Marcus [NMRCUS.UL] is planning to open a new line of outlet stores this autumn that will focus on moderately priced goods, the New York Times reported on its web site on Friday.

Neiman
Neiman Marcus

The new chain, to be called Last Call Studio, will sell clothes that are not for sale at Neiman Marcus' full service department stores or at its existing chain of Last Call outlet stores, the Times said, citing an interview with the retailer's chief marketing officer, Wanda Gierhart.

The move comes as Neiman Marcus, and rivals Saks Inc (SKS.N) and Nordstrom Inc (JWN.N), have tried to adapt to frugality among luxury shoppers amid an uncertain economic recovery.

Saks has expanded its Saks Off 5th chain of outlet stores even as it has closed several of its full-service Saks Fifth Avenue stores, and Nordstrom has opened a number of new "Rack" outlets this year.

Neiman Marcus has previously said it was expanding its Last Call outlets, which focus on clearance merchandise. The Last Call Studio stores will be smaller that the Last Call outlets, the Times reported.

Luxury sales began recovering earlier this year after a sharp decline following the financial crisis. Neiman Marcus Group, which also includes Bergdorf Goodman, last month reported that fourth-quarter sales at stores open at least a year rose 6.5 percent.

A representative for Neiman Marcus did not immediately respond to a request for comment.

(Reporting by Phil Wahba; Editing by Gary Hill)

© Thomson Reuters 2023 All rights reserved.