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Thursday, January 15, 2009

Dallas-based Neiman Marcus to lay off 375 people

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Following the recent news that its holiday sales were down by 31%, Dallas-based Neiman Marcus is laying off 375 people.

The lay-offs, which represent 3% of the company's work force, will occur across all divisions of its 40 Neiman Marcus stores and New York-based Bergdorf Goodman, catalog, and Internet divisions. Two stores that were set to open in Sarasota, Fla., and Princeton, N.J. have been delayed by construction.

Posted by T.G.



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alexander troup says:

That is a fashionable layoff, while no more thread or lace until 2010, oh well, cotton is now in...pick your partners well as the fashion industry become moth balls..A/T, Rags to Riches and them Rich Rags are bogus.

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10 months, 1 week ago
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Travis Bush says:

The next thing you know, a Neiman's Fortnight becomes a week..

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10 months, 1 week ago
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