financial
financial
March 6, 2008
Red Flag for Luxury: Saks, Neiman's Rise, But Worries Set In
Saks Inc. and Neiman Marcus Group reported healthy quarters, but the U.S.' top two luxury chains admitted they're feeling the recession.
financial/news
Luxury is hitting some speed bumps. On Wednesday, Saks Inc. and Neiman Marcus Group reported healthy quarters, but the U.S.' top two luxury chains admitted they're feeling the recession, with slowdowns in shopper traffic.
Ads by Google
