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SPIEGEL, INC. REPORTS AUGUST SALES RESULTS

 DOWNERS GROVE, Ill., Sept. 2 /PRNewswire/ -- Spiegel, Inc. (NASDAQ-NMS: SPGLA), today reported total sales for the four weeks ended Aug. 28, 1993, were $149.5 million, an increase of 20 percent from the $124.3 million in the same period last year. The company also reported that sales for the 30 weeks ended Aug. 28, 1993, were $1.027 billion, an increase of 18 percent from the $871.6 million in the same period last year.
 On a comparative store basis, Spiegel also reported that sales for its subsidiary, Eddie Bauer, were up 19 percent in August which repeats a 19 percent comparative store increase achieved for the same period last year. For the 30 weeks ended Aug. 28, 1993, a 15 percent increase was recorded.
 Spiegel, Inc. is the dominant multi-channel specialty retailer marketing fashionable apparel and home furnishings to customers through catalogs and more than 280 specialty retail stores. Spiegel's businesses include Eddie Bauer, New Hampton, Crayola Kids, E STYLE and For You from Spiegel. Spiegel's Class A non-voting common stock trades on the NASDAQ National Market System under the ticker symbol: SPGLA.
 NOTE: Spiegel's financial reporting period is based on a calendar year. These sales figures have been stated on a January fiscal year basis for comparability.
 -0- 9/2/93
 /CONTACT: Debbie Koopman of Spiegel, 708-769-2596/
 (SPGLA)


CO: Spiegel, Inc. ST: Illinois IN: RET SU:

SM -- NY015 -- 8294 09/02/93 09:32 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 2, 1993
Words:238
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