Word: neiman
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...Neiman! On Marcus! On Schwartz's and Saks...
...July-but merchants feel relieved that the advances have continued. Across the U.S., one big department store after another is reporting sales gains over last year: up 15% for Atlanta's Rich's, 18% for San Francisco's Gump's, 6% for Dallas' Neiman-Marcus, and 5% for New York's Gimbels (despite the newspaper strike). Even more significant than the figures is the attitude of shoppers. "Figures aren't our guiding light," says President Bernard Sakowitz of Houston's Sakowitz Inc. "We go more by the climate of the people...
...Abel, Mrs. Johnson's social secretary, had been bought by Thrift Shopper L.B.J., who used to tote home most of his wife's wardrobe in the days when he had time for such activities. Now that she can suit herself, Mrs. Johnson wears clothes mostly chosen by Neiman-Marcus. L.B.J. brands went thataway...
Last week a Texas delegation headed by Edward Marcus of Dallas' Neiman-Marcus department store returned from Lima, where the Texans investigated joint-venture possibilities with Peruvian businessmen. And a group of New Jersey civic leaders is just back from a visit to Brazil's underdeveloped north east state of Alagoas, looking for ways to help Brazilians help themselves. In one village the North Americans promised assistance for ten self-help projects, starting with a powerful pump for an irrigation well. Arthur Byrnes, assistant Alianza director for Brazil, explains: "This program is small in terms of dollars...
Decapitated Goddess. Such extravagant Neiman-Marcus items as a $150,000 necklace and a Doughty & Boehm quail-shaped teapot worth $50,000 escaped the fire undamaged, but about two-thirds of the store's $12 million stock of merchandise was either destroyed or made unsalable by N.M. standards. A $10,000 wooden figurine of Kuan Yin, a Chinese goddess of mercy, was decapitated and a $35,000 sable coat so saturated with smoke that Marcus deemed it uncleanable. "It would be like trying to take the smoke smell out of smoked herring," he said. Much of the less-damaged...