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WWD 10/15/2002

WWD 10/15/2002

A New Era at Warnaco: Kinder, More Creative To Woo Back Retailers

The Life Of A Store

Stanley Marcus liked to joke that the founding of Neiman Marcus was based on bad business judgment.

Back in 1907, his father, aunt and uncle had the option of investing their $25,000 nest egg in the Missouri franchise for a new bottled drink...
— Oct 15, 2002

The Smith Family's Stake

General Cinema, the Chestnut Hill, Mass.-based movie theater operator and beverage bottler led by Richard A. Smith and his family, purchased one million shares of a new convertible preferred stock for $300 million in cash in Carter Hawley Hale Stores...
— Oct 15, 2002

The View Ahead

Trade down? Neiman Marcus never would, no matter how the economy and stock market perform. There doesn't seem to be a limit to how high, offbeat or over-the-top Neiman's merchandise will go, whether it's a Russian sable coat for...
— Oct 15, 2002

Fashion Oracle

The fashion director of the luxury-filled Neiman Marcus chain would be expected to have a certain amount of flamboyance - and Joan Kaner has just the right touch of it. It comes from her bold streaks of white hair, and the chicly understated...
— Oct 15, 2002

The Neiman's Seal Of Approval

Stanley Marcus created The Neiman Marcus Award for Distinguished Service in the Field of Fashion to recognize designers as well as local and international trendsetters, and to bring a higher profile to the store. The winners...
— Oct 15, 2002

Neiman Marcus, Then And Now

1907 Neiman Marcus opens on Sept. 10 at Elm and Murphy streets in Dallas, founded by Herbert Marcus Sr., his sister, Carrie Neiman Marcus, and her husband, A.L. Neiman.



1913 Fire destroys the original store and all...
— Oct 15, 2002

A Singular Sensation

WWD talked to designers and executives about the impact Neiman Marcus has had on their businesses and the industry.

Giorgio Armani:

"I have always enjoyed a strong working relationship with Neiman's. They were one of the first...
— Oct 15, 2002

Wooing The Connoisseur

Someday, Neiman Marcus may rely on LCD screens as much as it does lush floral displays to set the mood for its stores.

To best showcase its mix of luxury goods, the 34-unit Neiman's incorporates everything from orchids to video technology...
— Oct 15, 2002

The Museum Store

Eighteen months before Neiman Marcus was scheduled to open here at the Shops at Willow Bend, Neiman's corporate art curator Julie Kronick was poring over architects' plans for the three retail floors and, with a yellow highlighter, marking...
— Oct 15, 2002

Thinking Outside The Box

The foundations for Stanley Marcus' practice of hiring top-flight architects to design his stores were perhaps laid in 1934, when he hired Frank Lloyd Wright to design a home for himself and his wife, Billie.

Wright's earliest...
— Oct 15, 2002

That's Just Precious

To test a precious jewelry collection's suitability for the Neiman Marcus customer, Stephen Magner just uses his imagination.

That is, the company's vice president and divisional merchandise manager for precious jewelry conjures...
— Oct 15, 2002

A Finely Tuned Focus

In the pecking order of beauty retailing, Neiman Marcus is purely couture.

Executives in Dallas have built a high-toned business that generates a significant share of the store's sales with a roster of exclusive, high-priced limited...
— Oct 15, 2002

Direct Hit

Status brands and hot trends are the name of the game at Neiman Marcus' catalogs and Web site, which only a few years ago were awash in basic clothing.

"Growth is coming from vendors who were not in the book before - like Prada and...
— Oct 15, 2002

The Ultimate Wish List

Ginger Reeder once presented Neiman Marcus Group chairman Burt Tansky with a brochure for flamboyantly airbrushed caskets and told him, straight-faced, that they would be featured as the famed "His and Hers'' gifts in the 2000 Christmas...
— Oct 15, 2002

Presents With Presence

Here, a rundown of Neiman's most outrageous Christmas Book gifts.



1959 Black Angus steer, delivered live, $1,925, or cut into steaks with a silver serving cart, $2,230.



1963 White mink cowboy

chaps,...
— Oct 15, 2002

Family Mattters

In the world of retail, it doesn't get more upscale than Bergdorf Goodman. No wonder The Neiman Marcus Group saw fit to acquire Bergdorf's in 1987. The luxury department store, still owned by NMG, is one of the premier purveyors of...
— Oct 15, 2002

What's Haute In Beverly Hills

When you work in the glove department at Neiman's you are selling things that nobody buys anymore."

So begins Steve Martin's "Shop Girl," a novella about a Neiman Marcus Beverly Hills sales associate who's tucked away in an...
— Oct 15, 2002

Star Power

Neiman Marcus doesn't do much to lure celebrities. Perhaps that's because it doesn't have to.

John Travolta, Nancy Reagan and Gerald Ford are frequent visitors. But John Martens, the Beverly Hills store's vice president...
— Oct 15, 2002

More Than A Store

When Neiman Marcus landed in Atlanta in August 1972, competitors were few, but powerful.

Rich's, the legendary hometown favorite, had a fiercely loyal following, and Saks Fifth Avenue, another newcomer that opened in 1971, boasted in...
— Oct 15, 2002

The Main Event

Positioned a few blocks south of Bloomingdale's and Marshall Field's, and roughly across the street from Saks Fifth Avenue on Michigan Avenue, Chicago's Neiman Marcus counts on its extensive fine apparel department, its large...
— Oct 15, 2002

Life Of The Party

When Neiman Marcus hosts its 95th anniversary gala in November in Dallas, it's safe to say that the guests should expect the unexpected.

According to Ken Downing, the company's vice president of corporate public relations and fashion...
— Oct 15, 2002

The Joy Of Luxe

Though some might feel that shopping at Neiman Marcus is a reward in itself, the company does go the extra mile to entice, educate and reward customers with a number of marketing vehicles.

These include the award-winning advertising campaign...
— Oct 15, 2002

In His Own Words

"The taste of the general public isn't as good as that of the sophisticated minority, but it isn't as bad as most manufacturers and retailers believe it to be.

"The public will buy bad taste in merchandise if it has no choice, but...
— Oct 15, 2002

Steam Heat

MILAN - This spring season was one of the most superheated in years, with sexy looks rampant on the runways of Paris and Milan. Domenico Dolce and Stefano Gabbana always like their girls sultry, and their Dolce & Gabbana show this time was no...
— Oct 15, 2002

A New Era at Warnaco: Kinder, More Creative To Woo Back Retailers

NEW YORK - The Warnaco Group is getting a major facelift.

The company, once seemingly destined to be broken up, is now working to regain its footing with a strong foundation of brands.

The new corporate-wide image is designed to be...
— Oct 15, 2002

Burlington Industries Looks to Far East

NEW YORK - Peter Liu is trying to change the industry's perception of bankrupt Burlington Industries Inc., along with its business model.

A casual glance at the business card of the executive who now heads the company's...
— Oct 15, 2002

Tommy Alone At Top, Search On for New CEO

NEW YORK - Tommy is going it alone.

Three of Tommy Hilfiger's partners - Silas Chou, Joel Horowitz, and Lawrence Stroll - will have left the $1.87 billion company by 2004.

The first to go was Stroll, who resigned...
— Oct 15, 2002

Target Stepping Up Food

NEW YORK - Target Stores has built its name on exclusive brands, and its plans for food continue the process.

Several new brands are headed for the Target chain, aimed at feeding the accelerating growth the nation's second-largest...
— Oct 15, 2002

Hear Henkel Bids for Wella

BERLIN - The German consumer products group Henkel KG has reportedly made a bid of up to $5.2 billion for Wella AG. All dollar figures are calculated from the Euro at current exchange rates.

According to press reports Monday, industry...
— Oct 15, 2002

In Brief

BARNEYS' TRUNK SHOW: Barneys New York is hosting a special trunk show, but this time around, none of the goods are for sale. Goyard, the upscale French luggage and accessories firm, shipped several vintage trunks to the store, which are currently...
— Oct 15, 2002

MEMO

THE DEMOCRATIC APPROACH TO FASHION: So much for the age of the dictatorial celebrity editor. Glenda Bailey has decided to let the readers have their say. On the Harper's Bazaar Web site, readers can now vote for which celebrities they would most...
— Oct 15, 2002

Mickey Drexler Resigns Position on Gap's Board

NEW YORK - The transition at Gap is complete.

Millard "Mickey" Drexler, Gap Inc.'s former president and chief executive officer, announced his departure from the San Francisco-based specialty retailer's board Friday, capping...
— Oct 15, 2002

Baby Boomers

If there was ever any question that a Manhattan baby boom is under way, it was put to rest Thursday as young uptown mummies piled into Tod's Madison Avenue store to shop for Easter-egg-colored diaper bags and baby shoes. Even the event's...
— Oct 15, 2002

EYE SCOOP

Some girls have a taste for bankers, others for polo players or rock stars - but Samantha Boardman seems to prefer more literary types. The big news out of Condé Nast is that she's dating Vanity Fair's Graydon Carter, and...
— Oct 15, 2002

Objectively Speaking

NEW YORK - Austria's artistic wünderkind Dagobert Peche is having a coming-out party on Fifth Avenue.

Ivory tiaras, whimsical textiles, fanciful wallpaper and "Alice in Wonderland"-type tables are among the 400-plus pieces of...
— Oct 15, 2002

Scaasi's Exuberant Exhibit

NEW YORK - "I originally wanted it at the Costume Institute, but they told me I had to be dead," joked Arnold Scaasi, during a walk-through of his 47-year retrospective opening today at the Museum at the Fashion Institute of Technology on Seventh...
— Oct 15, 2002

Eveningwear's Early Christmas

NEW YORK - The holiday season has provided some early presents for Seventh Avenue's dress houses.

Stores have planned for an upbeat eveningwear season, with some vendors reporting double-digit increases over last year....
— Oct 15, 2002

Material World: Planning for 2005

MIAMI BEACH - Preparations for the coming phaseout of quotas among the 144 World Trade Organization nations in 2005 was on the minds of many attendees at last week's Material World trade show.

While Asian apparel and textile...
— Oct 15, 2002

Panelists: Keep Your Eyes Open

MIAMI BEACH - The sluggish economy, heavy competition, margin pressure and shifting international sourcing scene are making life all the more challenging for apparel sourcing executives. With that in mind, Material World organized an Oct. 6...
— Oct 15, 2002

Angling for Small Fry in L.A.

LOS ANGELES - Small designers are like lottery tickets - one never knows which will hit big.

That's the thinking from exhibitors preparing for the Los Angeles International Textile Show, which opens at the California Market...
— Oct 15, 2002

Trend Evolution For Spring '03

LOS ANGELES - If the spring test orders placed several weeks ago are any indication, merchandisers will come to the Los Angeles International Textile Show hungry for immediate orders of fabrics with stripes, linen blends, stretch ripstop nylon...
— Oct 15, 2002

Rich Life

NEW YORK - There's nothing like being wrapped in plush velvet. And this season, exhibitors at the Los Angeles International Textiles Show are offering the luxurious and sophisticated fabric in a variety of forms, including paisley and...
— Oct 15, 2002

Show-Offs

NEW YORK - Skin is in. Exhibitors will be showing a variety of revealing fabrics at this month's Los Angeles International Textile Show. In addition to the continued popularity of lace - some of which is now flocked, appliquéd...
— Oct 15, 2002

Producer Prices Rise in Sept.

WASHINGTON - Wholesale prices for domestically produced women's apparel edged up slightly by 0.1 percent in September but continued to decline on an annual basis, the Labor Department reported Friday in its Producer Price...
— Oct 15, 2002

Retail Sales Post Monthly Decline

WASHINGTON - Retail sales were lackluster across the board last month, although sales showed some strength on a year-over-year basis, according to the Commerce Department's report released Friday.

Retail sales at clothing and...
— Oct 15, 2002

Neiman Marcus At 95

From a single store in the then-cowtown of Dallas to 34 units nationwide, Neiman Marcus has spanned the history of American retailing and become one of the world's leading purveyors of luxury.
— Oct 15, 2002

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