“Mr. Tansky has projected that the fall season will end up with lower margins and higher leftover inventory than normal. (This did not dissuade Neiman from mailing its Christmas Book last week, an annual exercise in excessiveness that includes a $10 million thoroughbred racing stable in Kentucky alongside a $1,995 Prada lace bag.)” - Eric Wilson in The New York Times.
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posted by AmandaMichele
Oct 16, 2008 4:19PM
To quote Samanatha on SATC "If you dont have something they can't afford, how will the kids know to look up to you?" I feel like this is the same concept. I am certainly not buying a farm for Hanukah from the Neimans catalog, but because they have that ridiculously beautiful catalog to look at maybe I will order some scarves and boots from them instead of a retailer who doesnt put forth that sort of effort.
posted by guest
Oct 16, 2008 1:34PM
Shame on Neiman...with such economic turmoil they should have exercised better judgement than that.