In case you missed it, two-piece outfit sets are the trendiest outfit choice lately. They can be easily made fancy or casual ...
Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.
Fund 1 Investments in a letter pushed the accessories brand to consider strategic alternatives, while the footwear retailer ...
Saks Global has announced that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of US$2.7 ...
The deal to make Neiman Marcus Group part of Saks Global is complete, but its future won’t include the CEO of the Dallas firm.
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 ...
With the acquisition finalized, Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks Off 5th, and represents a total volume of approximately $10 billion. Now the two ...
“This milestone transaction marks a transformative moment for Saks Global and the luxury retail industry,” Richard Baker, the executive chairman of Saks Global, said in a statement.
The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.
Neiman Marcus, aligning two historic names in luxury retail and putting a prominent Dallas company under the control of a New ...
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 ...