With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...
Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations, executive changes ...
The close of the deal, which aligns two historic names in luxury retail across South Florida, comes with a CEO departure.
The deal for the two retail groups to join forces is complete. It’s the first step in Saks Global’s big ambitions.
Neiman joins a portfolio that includes Saks Fifth Avenue and Saks Off 5th. HBC, owner of Saks, created the new company Saks ...
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as ...
Saks Global has announced that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of US$2.7 ...
The parent company of Saks Fifth Avenue signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon ...
Saks Global now includes Saks Fifth Avenue and Saks OFF 5TH, along with Neiman Marcus and Bergdorf Goodman. Each will continue to serve customers under its own brand. “This milestone transaction ...