Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.
The collection of SNL-inspired merchandise from hails from Erin and Sara Foster’s Favorite Daughter brand and Le Labo ...
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...
The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations, executive changes ...
There will also be a special window installation commemorating SNL's 50th anniversary at the Saks Fifth Avenue flagship.
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 ...
Saks Global has announced that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of US$2.7 ...
Neiman joins a portfolio that includes Saks Fifth Avenue and Saks Off 5th. HBC, owner of Saks, created the new company Saks ...
Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH unite under Saks Global's tech-driven luxury retail.
Leading luxury retail and real estate conglomerate Saks Global has finalised its acquisition of Neiman Marcus Group (NMG) for ...