×
914
Fashion Jobs
FOOT LOCKER
Buyer - Women's Footwear & Apparel
CDI · Toronto
FOOT LOCKER
Buyer - Women's Footwear & Apparel
CDI · Toronto
FOREO
Professional Channel Account Manager
CDI · Toronto
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
VICTORIA'S SECRET
Brand Operations Manager-Yorkdale
CDI · Toronto
HUGO BOSS
Purchasing & Imports Administrator - Toronto
CDI · Ontario
ESTÉE LAUDER
Business Manager - Estee Lauder - Richmond, bc
CDI · Victoria
CLINIQUE
Associate Consultant - Clinique - Sarnia, on
CDI · Sarnia
CLINIQUE
Hrs - Clinique - Consultant at Hbc Bayshore, Ottawa, on
CDI · Ottawa
VICTORIA'S SECRET
Brand Operations Manager-Promenades st. Bruno
CDI · St-Bruno-de-Montarville
VICTORIA'S SECRET
Brand Operations Manager-Yorkdale
CDI · Toronto
VICTORIA'S SECRET
Market Visual Manager in Training - Victoria's Secret - British Columbia - Canada
CDI · Victoria
ESTÉE LAUDER
Marketing Manager - Tom Ford, by Killian, Frederic Malle & le Labo
CDI · Toronto
CLINIQUE
Clinique Consultant - 30 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · LONDON
CLINIQUE
Clinique Consultant - 18 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · London
CLINIQUE
Clinique Consultant - 39 Hrs - Montréal, qc
CDI · Montreal
CLINIQUE
Clinique - Consultant - Hudson's Bay Montreal - Montreal, qc
CDI · Montreal
ESTÉE LAUDER
Business Manager - Estée Lauder - Toronto, on
CDI · Toronto
CLINIQUE
Clinique Consultant- Southcentre - Calgary, ab
CDI · Calgary
CLINIQUE
Clinique Consultant- Kingsway Mall
CDI · Edmonton
MAC
Consultant - Clinique - 30 Hrs (Flexible) - Hudson’s Bay Queen st. - Toronto, on
CDI · Toronto

Neiman Marcus Group sees net loss widen to $31.2m

Published
today Jun 11, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Texas-based luxury retailer Neiman Marcus Group reported a further drop in revenue in the third quarter, ended April 27, 2019.


The company is still hoping to implement a turnaround - Photo: Neiman Marcus



The group, whose brands include Bergdorf Goodman, Last Call, Horchow, and Mytheresa, saw net losses rise to $31.2 million from $19.9 million a year earlier, while revenue was down 1.5% year-on-year to $1.1 billion.  

The company previously revealed that it expected to report a decline in the third quarter, and at the time underlined that it is continuing to focus on its multi-year transformation plan into a luxury customer platform. The strategy includes an acceleration of its digital integration; increased experiential innovation and an increased focus on luxury resale opportunities.

“We continue to drive innovation and are making long-term investments in technology and customer centric capabilities that will both enrich the shopping experience and position the company for long-term growth,” commented Neiman Marcus Group CEO Geoffroy van Raemdonck.

The company announced in March that it had reached a settlement with creditors to extend loan maturities to 2023 and 2024, for an additional three years intended to give the retailer time to implement a turnaround.
 

Copyright © 2019 FashionNetwork.com All rights reserved.