May 17, 2021

Dogecoin’s Fading But Neiman Marcus Sales Rebound

If you’re over there biting your fingernails over the state of Dogecoin and other crypto today you aren’t alone. Be right back I’m gonna go sob under my desk for a while! It’s ok though! Good news awaits us in the beauty world at least.

Neiman Marcus sales rebounded apparently in Q3 and count me shocked. Lord & Taylor, maybe you moved too quickly there….! According to reports there’s a 43 to 44 percent gain in the third quarter compared to the 2020 period and only about a 6 to 7 percent decline from the third quarter of 2019. Earnings aren’t public as of yet I don’t think…….correct me if I’m wrong!

They aren’t quite as the level they were in 2019 but things are rebounding for them quickly.

I have lost some hope in the status of luxury department stores. I feel like they are all destined for failure at this point since so many are located within malls and malls are pretty much a dying breed. We’ve lost so many greats like Barney’s and Lord & Taylor it does make me worry for other luxury stores like Nordy’s.

It feels like there’s some light at the end of a dark tunnel reading about Neiman Marcus having good sale rebound in Q3 today. I hope it continues!

As for crypto….let’s hope that rebounds too because my portfolio feels like it went down the toilet today.

Sigh!

Good luck! I hope you didn’t lose too much today.

3 Comments

About the Muse

Isabella MuseIsabella is just an average everyday geeky girl who doesn’t blend her eyeshadow correctly, wears too much blush, and hopes she never finds her holy grail products because she likes the thrill of the chase so much. Her mission is to bring you super honest reviews on makeup, skincare, fragrance and all things beauty. She’s in no way an expert on the topic and she sure as hell isn’t a super model. But she’s passionate about makeup and is seeking like-minded individuals that like pina coladas, getting caught in the rain, and ones that enjoy spending hundreds of dollars at Sephora without feeling buyer’s remorse. If you’re that person feel free to reach out and leave a comment or follow me on Facebook, Instagram, Twitter, and Bloglovin‘.

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Comments

  • Jane

    I was watching a YouTube about the first enclosed mall (Southdale Mall) and looking back at what malls were intended to be makes me feel a real sense of sadness. There was so much useful stuff in there! Now there are a lot of mall stores and I just don’t like them much. Perhaps if malls were “useful” once again…

    • Isabella Muse

      I used to like going to the mall! Still do (pre-pandemic) it’s sort of sad that they just all sort of died away…!

  • Ashley m

    Neiman Marcus was such a gorgeous & glamorous department store. If I were rich I would shop there.