Saks Now Owns Neiman Marcus, Names New Execs - JCK
Jan 2, 2025 · Saks Global, owner of Saks Fifth Avenue, has completed its long-awaited acquisition of department store rival Neiman Marcus—a merger that has caused some trepidation in the world of upscale retail.
Saks Deal Triggers Layoffs; Shifts Key Execs to Saks Global Roles
Jul 23, 2024 · Key functions of the Saks.com, the Saks Fifth Avenue stores known as SFA, and Saks Off 5th companies are being merged under the Saks Global umbrella.
Saks Global Completes Acquisition of Neiman Marcus Group
NEW YORK, December 23, 2024 -- (BUSINESS WIRE)--Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise...
What Happens To Neiman Marcus After The Saks Merger? - Forbes
Dec 27, 2024 · Now luxury retailers Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, plus off-price Saks Off 5th and Neiman Marcus Last Call outlets, will jointly operate under Saks Global. Marc Metrick...
Saks Acquires Neiman Marcus - The New York Times
Jul 3, 2024 · In a move that would further consolidate the luxury retail market, the parent company of Saks Fifth Avenue has agreed to acquire Neiman Marcus in a $2.65 billion deal, creating the ultimate...
Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
Jul 5, 2024 · Saks owner HBC announced a deal Thursday to acquire Neiman Marcus for $2.65 billion, establishing a luxury behemoth called Saks Global that has the two namesake department stores plus Saks Off...
Saks Officially Acquires Neiman Marcus for $2.7 Billion - Yahoo …
Dec 26, 2024 · Two of the biggest names in luxury department stores have officially combined forces. Saks Global has completed a $2.7 billion acquisition of Neiman Marcus Group, Hypebeast reported on Thursday.
How Saks Global Aims to Shake Up Retailing - WWD
Dec 26, 2024 · The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many traditional functions stripped away. The New Saks Global Group Aims to Shake Up Retailing ...
Saks buys Neiman Marcus, and Amazon gets a stake : NPR
Jul 4, 2024 · A luxury retailer is making its own high-end purchase: Saks Fifth Avenue's parent company is buying Neiman Marcus for $2.65 billion, in a merger that would create a dominant upscale department...
Saks Global completes the acquisition of Neiman Marcus
Dec 23, 2024 · Saks Global, a luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value of 2.7 billion dollars. Saks Global portfolio now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH, each continuing to serve customers under their own brand.
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