Tag Archives: Neiman

Forbes says Luxury Spending is Up

Forbes reports that luxury spending is seeing an increase as millionaires are less fearful of their economic futures.  Luxury retailers like Neiman Marcus and Nordstrom have earned 3-digit percentage gains in stock value and increased same-store sales after several months of decline. 
Analysts believe that this is an indication that high-end retail is on the recovery.  Ironically, [...]

Posted in Retail/Market Trends | Also tagged , , , | Leave a comment
MillerZell