Exhibit 99.1

          The Neiman Marcus Group Reports November Revenues

    DALLAS--(BUSINESS WIRE)--Dec. 1, 2004--The Neiman Marcus Group,
Inc. (NYSE:NMG.A) (NYSE:NMG.B) announced the following preliminary
Company-wide revenues:

                                4 weeks ended
                        November 27,      November 29,
                            2004              2003         % Change
                     ------------------ ----------------- ------------

Total Revenues          $308 million      $293 million            5.0%

Comparable Revenues     $307 million      $283 million            8.4%


    Comparable revenues exclude the sales of Chef's Catalog prior to
its disposition in November 2004.
    In the four-week November period, comparable revenues in the
Specialty Retail Stores segment, which includes Neiman Marcus Stores
and Bergdorf Goodman, increased 6.6 percent. Revenue growth trends
were the strongest in the Company's stores in the Southeast.
Merchandise that sold well in the Specialty Retail Stores segment
included women's contemporary sportswear and dresses, designer
handbags, shoes and precious jewelry.
    Comparable revenues at Neiman Marcus Direct in the four-week
November period increased 16.5 percent. Top selling merchandise in the
Direct Marketing segment included women's apparel, handbags, shoes,
accessories and linens.
    The Company currently anticipates comparable revenues for the
second quarter of fiscal year 2005 to increase in the range of 8% -
10%.
    The Company's four-week reporting period is consistent with last
year and reflects a 4-5-4 week second quarter.
    The Neiman Marcus Group, Inc. operations include the Specialty
Retail Stores segment and the Direct Marketing segment. The Specialty
Retail Stores segment consists primarily of Neiman Marcus and Bergdorf
Goodman stores. The Direct Marketing segment conducts both print
catalog and online operations under the Neiman Marcus, Horchow and
Bergdorf Goodman brand names. Information about the Company can be
accessed at www.neimanmarcusgroup.com.
    From time to time, the Company makes statements that predict or
forecast future events or results, depend on future events for their
accuracy or otherwise contain "forward-looking information" such as
the forecasts of revenues contained in this release. These statements
are made based on management's expectations and beliefs concerning
future events and are not guarantees of future performance.
    The Company cautions readers that actual results may differ
materially as a result of various factors, some of which are beyond
its control, including but not limited to: political or economic
conditions; terrorist activities in the United States or escalation in
the international war on terrorism; disruptions in business at the
Company's stores, distribution centers or offices; changes in consumer
confidence resulting in a reduction of discretionary spending on goods
that are, or are perceived to be, "luxuries"; changes in demographic
or retail environments; changes in consumer preferences or fashion
trends; competitive responses to the Company's marketing,
merchandising and promotional efforts and/or inventory liquidations by
vendors or other retailers; changes in the Company's relationships
with key customers; delays in the receipt of merchandise ordered by
the Company due to work stoppages and/or other causes of delay in
connection with either the manufacture or shipment of such
merchandise; seasonality of the retail business; adverse weather
conditions, particularly during peak selling seasons; delays in store
renovations; natural disasters; significant increases in paper,
printing and postage costs; litigation that may have an adverse effect
on the Company's financial results or reputation; changes in the
Company's relationships with designers, vendors and other sources of
merchandise; the financial viability of the Company's designers,
vendors and other sources of merchandise; the design and
implementation of new information systems or enhancement of existing
systems; changes in foreign currency exchange rates; impact of funding
requirements related to the Company's noncontributory defined benefit
pension plan; changes in the Company's relationships with sales
associates; changes in key management personnel; changes in the
Company's proprietary credit card arrangement that adversely impact
its ability to provide consumer credit; or changes in government or
regulatory requirements increasing the Company's cost of operations.
    These and other factors that may adversely effect the Company's
future performance or financial condition are contained in its Annual
Report in Form 10-K and other reports filed with and available from
the Securities and Exchange Commission. The Company undertakes no
obligation to update or revise any forward-looking statements to
reflect subsequent events, new information or future circumstances.

    CONTACT: The Neiman Marcus Group, Inc., Dallas
             James E. Skinner, 214-743-7625
             or
             Stacie Shirley, 214-757-2967