Word: bergdorfs
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...year ago but Sears managers cannot pick out any special items as being responsible for most of the gain. "The consumer seems to be spending across the board, and that is when you can count on a good Christmas," says Philip Hawley, president of Broadway-Hale Stores, which owns Bergdorf Goodman's in Manhattan, the six Neiman-Marcus outlets, and 52 stores in California. Many retailers estimate that Christmas sales will run 8% to 10% ahead of last year. Some store managers seem to think that they can sell almost anything...
...completely by surprise," confesses the firm's president, Ralph Taylor. He and other manufacturers set to bottling the stuff, and sales of the fragrance, which retails at about $5 per half-ounce, are now estimated at $1,000,000 per month. Reports Jovan's Mitchell: "J.C. Penney, Bergdorf Goodman's-they all want musk...
...Bergdorf lately has faced more than its share of setbacks. None of the four children of Chairman Andrew Goodman, 65, showed any interest in minding the family store. Edwin, 32, his only son, is the manager of an adventurous, listener-supported FM radio station in New York, and recently spent two nights in jail for failing to honor a subpoena for tapes that had been recorded during a jail uprising. Further, Bergdorf-Goodman steadfastly refused to open branches beyond its single Fifth Avenue store, losing customers to the suburban shopping-center outlets of Saks, Lord & Taylor and other competitors...
...store's business still permitted Goodman and his Spanish-born wife Nena to lavishly entertain special customers, including the Duke and Duchess of Windsor and Barbra Streisand, in their 14-room penthouse atop the store. But recently profits have sagged; in 1970 Bergdorf earned well under 4% on sales of $32 million. Convinced that only a bigger company could borrow enough capital to expand the business beyond New York's midtown area, Goodman began searching for somebody to buy him out. Unless a buyer could be found, he said sadly, the store would probably close, and its valuable...
...concentrated on quality merchandise; three years ago, he persuaded the FTC to approve Broadway-Hale's purchase of Dallas-based Neiman-Marcus, which is now expanding into Washington, D.C., Atlanta and Florida. Now that Carter has reached Fifth Avenue, he plans to open at least three more Bergdorf-Goodman stores in the New York area during the next decade...