Exhibit 99.1

                The Neiman Marcus Group Reports February Revenues

    DALLAS--(BUSINESS WIRE)--March 2, 2005--The Neiman Marcus Group,
Inc. (NYSE:NMG.A)(NYSE:NMG.B) announced the following preliminary
Company-wide revenues:

                                   4 weeks ended
                            February 26,     February 28,
                                2005             2004       % Change
                         ------------------ --------------- ---------

Total Revenues              $275 million     $258 million        6.5%

Comparable Revenues         $273 million     $254 million        7.7%

    Comparable revenues for the four weeks ended February 28, 2004
exclude the sales of Chef's Catalog prior to its disposition in
November 2004.
    The increase in comparable revenues at the Neiman Marcus Group in
the four-week February 2005 period was 7.7 percent, while the increase
for the same period last year was 24.9 percent.
    In the four-week February 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 West and Southeast.
Merchandise that sold well in the Specialty Retail Stores segment
included women's contemporary sportswear, designer jewelry,
accessories and men's and women's shoes.
    Comparable revenues at Neiman Marcus Direct in the four-week
February period increased 20.2 percent. The top selling merchandise
categories in the Direct Marketing segment included women's
contemporary sportswear and dresses, jewelry and women's shoes and
handbags.
    The Company's four-week reporting period is consistent with last
year and reflects a 4-5-4 week third 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". 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