Neiman-Marcus circa 1907-1908
Dallasites with new oil money were very eager to flaunt their success and Carrie’s purchases in New York were a huge hit. Carrie had not only an eye for style, but also pushed to have the Dallas versions just slightly different than their New York counterparts. That meant that Dallas had interesting colors and fabrics that could not be found in other places. Dallas quickly became a rival for New York and Paris in terms of high fashion. Neiman-Marcus was able to not only pay back the value of the loaned stock in the first year, but make a small profit. And all of this happened during the brutal recession of 1907 in which several banks and railroads went out of business. There were very few worse years that Neiman-Marcus could have opened.
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