Neiman Marcus launches international shipping for online sales
In The News
Reuters, by Phil Wahba
Neiman Marcus, which operates a namesake chain and Bergdorf Goodman, only has stores in the United States. Previously, Canada was the only international market to which the NeimanMarcus.com site would ship online orders.
The company hired FiftyOne Global Ecommerce to provide the technology to allow the international shipping features, including detecting an online shopper’s country of residence to convert U.S. dollar prices into the local currency and figuring out sales taxes and customs duties.
At the Reuters Retail and Consumer Summit in September, Neiman Marcus Chief Executive Officer Karen Katz said the retailer would use e-commerce to push into new international markets rather than focus on building stores, and offer overseas shipping on its main site in time for the holiday season.
Earlier this year, Neiman took a 37 percent stake in Glamour Sales Holding Ltd, a privately held e-commerce company based in Hong Kong, with the goal of introducing an online sales website in China in 2013.
Online purchases account for roughly 20 percent of Neiman’s sales.