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Saks finalizes acquisition of Neiman Marcus Group. Saks Global (which controls Saks Fifth Avenue and Saks Off Fifth) ...

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The deal for the two retail groups to join forces is complete. It’s the first step in Saks Global’s big ambitions.

Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for ...

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Saks Fifth Avenue's parent company has finalized its nearly $2.7 billion acquisition of Neiman Marcus Group, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.