Thread regarding Neiman Marcus Group layoffs

Luxury market cratering

Even Louis VuittonMH sales slowed down .They said America is a weakened market.

For Christmas our company is poorly positioned after the press how we don't want low spenders.It made too much press . I do not see our sales rebounding mine are down vastly from last year.This started this summer and lasted.. guess i gotta doordash

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| 801 views | | 5 replies (last October 17, 2023) | Reply
Post ID: @OP+1p5xlRPx

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Your money spends..insult customers as if they aren't valued they go..it's that simple

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Post ID: @3itl+1p5xlRPx

The reality is we are at the whim of the economy. We can try new things, say stupid stuff in the press and it really doesn’t matter. We celebrate when numbers go up and spin when down. Our leaders have no clue.

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Post ID: @2hpb+1p5xlRPx

North Park traffic is down

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Post ID: @2atr+1p5xlRPx

A roll of toilet paper is more expensive than a share of Farfetch. Or the RealReal where Katz and Koryl are . Both unsavory characters

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Post ID: @2onf+1p5xlRPx

RealReal and Farfetch doing bad too .see their stock prices.
Probably our new Fashionphile outlets.. Although they have some really high prices .
Mytheresa stock has crashed also

The rich may have finally stopped spending like crazy too. A few stores hold up the entire company. Which is pretty typical . The San Fran store is weak from what we all see . It used to be sterling

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Post ID: @2xjb+1p5xlRPx

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