What: NMG’s comparable sales were up 3% for the November through January versus the 2021 holiday season and 11% compared to 2019.

Why it is important: Sales with loyal customers were up 8%, proving that the retailer has customers that continue to buy, remain engaged, and spend more than last year.

Neiman’s saw continued strength in women’s designer ready-to-wear, shoes, handbags, and men’s during the holiday season.

Bergdorf Goodman’s holiday performance also did well, with continued growth online and capturing more shoppers.

NMG was profitable in the last quarter but is seeing a more promotional environment as its full-price is selling but the depth of markdowns is deeper. The retailer expects this to continue in the spring and is being proactive in taking actions during this moment of volatility.

Neiman’s holiday report: sales gain, margins squeeze