Neiman Marcus 2014 Annual Report Download - page 9

Table of Contents
customers and the markets within which we operate allow us to select an appropriate merchandise assortment that is tailored to fully address our customers’
lifestyle needs.
Our experienced merchandising personnel determine the merchandise assortment and quantities to be purchased for each of our brands and the
allocation of merchandise to each store. As of September 15, 2015, we had approximately 450 merchandise buyers and merchandise planners.
Effective April 2014, we merged the merchant and planning organizations for Neiman Marcus stores and Neiman Marcus online into one team under
our President, Chief Merchandising Officer. The new combined omni-channel merchandising team is now responsible for inventory procurement for stores
and online. The integration of the merchandising responsibilities for our Neiman Marcus brand represents a significant enhancement of our omni-channel
capabilities and elevates our ability to deliver a superior shopping experience to our customers by unifying inventory in stores and online.
Our percentages of revenues by major merchandise category for fiscal year 2015, the thirty-nine weeks ended August 2, 2014, the thirteen weeks
ended November 2, 2013 and fiscal year 2013 were as follows:






















Women’s Apparel
32%
30%
33%
31%
Women’s Shoes, Handbags and Accessories
28
28
27
27
Men’s Apparel and Shoes
12
12
11
12
Cosmetics and Fragrances
11
11
12
11
Designer and Precious Jewelry
10
11
10
12
Home Furnishings and Decor
5
6
5
5
Other
2
2
2
2
100%
100%
100%
100%
Substantially all of our merchandise is delivered to us by our designers as finished goods and is manufactured in numerous locations, including
Europe and the United States and, to a lesser extent, China, Mexico and South America.
Our major merchandise categories are as follows:
Women’s Apparel. Women’s apparel consists of dresses, eveningwear, suits, coats and sportswear separates—skirts, pants, blouses, jackets and
sweaters. We work with women’s apparel designers to present the merchandise and highlight the best of the designer's product. Our primary women’s apparel
designers include Chanel, Gucci, Prada, Giorgio Armani, Valentino, Akris and Brunello Cucinelli.
Women’s Shoes, Handbags and Accessories. Women’s accessories include belts, gloves, scarves, hats and sunglasses and complement our shoes
and handbags assortments. Our primary designers in this category include Christian Louboutin, Chanel, Manolo Blahnik, Prada, Saint Laurent, Jimmy Choo
and Tory Burch in ladies' shoes and Chanel, Prada, Gucci, Bottega Veneta, Balenciaga, Goyard, Louis Vuitton and Celine in handbags.
Men’s Apparel and Shoes. Men’s apparel and shoes include suits, dress shirts and ties, sport coats, jackets, trousers, casual wear and eveningwear as
well as business and casual footwear. Our primary designers in this category include Ermenegildo Zegna, Brioni, Giorgio Armani, Tom Ford, Brunello
Cucinelli and Burberry in men’s clothing and sportswear and Ermenegildo Zegna, Brioni, Prada, Ferragamo, Gucci and Tom Ford in men’s accessories and
shoes.
Cosmetics and Fragrances. Cosmetics and fragrances include facial and skin cosmetics, skin therapy and lotions, soaps, fragrances, candles and
beauty accessories. Our primary designers of cosmetics and beauty products include La Mer, Chanel, Sisley, Bobbi Brown, La Prairie, Estee Lauder, Laura
Mercier and Tom Ford.
Designer and Precious Jewelry. Our designer and precious jewelry offering includes women’s necklaces, bracelets, rings, earrings and watches that
are selected to complement our apparel merchandise offering. Our primary designers in this category include David Yurman, John Hardy and Ippolita in
designer jewelry and Chanel and Van Cleef & Arpels in precious jewelry. We often sell precious jewelry that has been consigned to us from the designer.
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