Tuesday, December 5, 2017

Neiman Marcus CEO Says Affluent Shoppers in ‘Very Good Shape’

nieman-marcusAmerica’s most affluent shoppers are capable of spending big this holiday season. They may just require a bit of coaxing.

That’s the view of Neiman Marcus Group Inc. Chief Executive Officer Karen Katz, whose typical customer is a well-heeled woman.

“Her balance sheet is in very good shape,” Katz told Emma Chandra on Bloomberg Television. It’s “really a matter of how emotionally she feels about things, and she seems to be in a good place right now.”. . . more

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