Two of the biggest names in luxury department stores have officially combined forces. Saks Global has completed a $2.7 billion acquisition of Neiman Marcus Group, Hypebeast reported on Thursday.

“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. “By ...

Neiman Marcus CEO Geoffroy van Raemdonck is photographed in the flagship store in downtown Dallas, October 11, 2022. (Tom Fox / Staff Photographer ) The deal to make Neiman Marcus Group part of ...

Saks Global finalized its acquisition of Neiman Marcus on Monday, bringing the luxury department store chain into its fold through a $2.7 billion deal backed by e-commerce giant Amazon and other ...

Hudson’s Bay Company (HBC), parent company of Saks Fifth Avenue, has completed the acquisition of Neiman Marcus Group, a US-based department store chain, for a total enterprise value of $2.7bn.

Saks Global announced Dec. 23 it completed its $2.7 billion acquisition of Neiman Marcus, aligning two historic names in luxury retail and putting a prominent Dallas company under the control of a ...

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.

Neiman Marcus’s Fantasy Gift Guide understands the power of packaging a story better than most, putting together seemingly disparate items in an act of storytelling marketing that increases the ...

Neiman Marcus has disclosed a data breach impacting 64,000 people just as a hacker announced the sale of customer data. High-end department store Neiman Marcus on Monday disclosed a data breach, ...

News Photo by Crystal Nelson Deb Grubaugh, cashier at Neiman’s Family Market, scans groceries for Alpena resident Phyllis Tippman today at the store. ALPENA — After 37 years, Neiman’s Family ...