Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.

Herman Melville’s statue will adorn the grounds of New Bedford’s historic Seamen’s Bethel where the author once stopped before going out to sea.

Saks Global has announced that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of US$2.7 ...

Leading luxury retail and real estate conglomerate Saks Global has finalised its acquisition of Neiman Marcus Group (NMG) for ...

The close of the deal, which aligns two historic names in luxury retail across South Florida, comes with a CEO departure.

With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...

Leading luxury retail and real estate conglomerate Saks Global has finalised its acquisition of Neiman Marcus Group (NMG) for ...

The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many traditional ...

Neiman joins a portfolio that includes Saks Fifth Avenue and Saks Off 5th. HBC, owner of Saks, created the new company Saks ...

Neiman Marcus transaction, Geoffroy van Raemdonck, along with certain members of the Neiman Marcus leadership team, will ...

Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as ...

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