Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...
The close of the deal, which aligns two historic names in luxury retail across South Florida, comes with a CEO departure.
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 ...
The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many traditional ...
The deal for the two retail groups to join forces is complete. It’s the first step in Saks Global’s big ambitions.
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as ...
Neiman joins a portfolio that includes Saks Fifth Avenue and Saks Off 5th. HBC, owner of Saks, created the new company Saks ...
Saks Global has announced that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of US$2.7 ...
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.
Saks Global completed its $2.7 billion acquisition of Neiman Marcus, creating what the company says is a multibrand luxury ...
Saks Global has acquired Neiman Marcus and Bergdorf Goodman for $2.7 billion, after Neiman Marcus filed for bankruptcy in May ...