Customers of Neiman Marcus and Bergdorf Goodman Stores to Receive Special Benefits Upon Joining Luxury Residence Club
DALLAS, May 23 /PRNewswire/ -- Neiman Marcus, the premier luxury retail merchandiser, today announced that it has extended its exclusive relationship with Exclusive Resorts(SM), the world's leading luxury residence club. The partnership aligns two fine luxury brands and centers on delivering special benefits to InCircle(R) Rewards members who join Exclusive Resorts, a club whose members enjoy access to hundreds of spacious and luxurious residences in dozens of premier destinations around the world, with all of the services and amenities of a five-star resort.
In addition to the benefits provided to existing InCircle members who purchase an Exclusive Resorts membership and co-marketing activities between Exclusive Resorts, Neiman Marcus and Bergdorf Goodman, the partnership includes an innovative program that will enable select Chairman's Circle InCircle Members who annually spend $5,000,000 or more at Neiman Marcus and Bergdorf Goodman to redeem their points for a limited Executive Membership in Exclusive Resorts.
"Our relationship with Neiman Marcus over the past year has demonstrated that the InCircle Rewards program and Exclusive Resorts are both part of the lifestyle for today's sophisticated consumer who is seeking out the best in luxury goods and services," said Michael Beindorff, COO of Exclusive Resorts. "This exclusive offering is a perfect complement to the collection of premier InCircle Rewards gifts made available to Neiman Marcus and Bergdorf Goodman clientele."
"We are pleased to begin the third year in our partnership with Exclusive Resorts," said Jeffrey Netzer, vice president of customer programs for Neiman Marcus. "InCircle provides access to the best offerings in the luxury travel industry and our customers value the unique offering they provide."
ABOUT NEIMAN MARCUS
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, and Bergdorf Goodman brand names. Information about the Company can be accessed at http://www.neimanmarcusgroup.com/.
ABOUT EXCLUSIVE RESORTS
Exclusive Resorts is the leader in the new consumer segment of luxury residence clubs. Named 'Best of the Best' by Robb Report in 2006, Exclusive Resorts offers its members unprecedented access to a portfolio of hundreds of the finest luxury vacation residences in dozens of the world's most desirable destinations. With an average value of approximately $3 million, each residence combines the spaciousness and elegance of a private home with the services, amenities and conveniences of a five star resort. Membership in Exclusive Resorts eliminates the burdens of owning a second home, the limitations of fractional real estate, and the uncertainties of renting a villa. Members of Exclusive Resorts pay a one-time membership fee that is 80 percent refundable upon resignation, plus annual dues. Exclusive Resorts is the partner of choice in the luxury residence club segment, with strategic alliances with leading companies including American Express, Neiman Marcus, Merrill Lynch, and Marquis Jet, the fleet provided by NetJets. The Company is based in Denver, Colorado and Washington, D.C. Membership is subject to the terms and conditions of the club membership agreement with Exclusive Resorts. For more information on membership, please call 800-447-8988 or visit http://www.exclusiveresorts.com/.
CONTACT:
Collin Anne Conaway
Exclusive Resorts
+1-303-493-6163
fax, +1-303-474-7910
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