Search results
1 day ago · July 4, 2024 2:12 PM EDT. T he parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus for $2.65 billion. The new entity would be called Saks Global, which will ...
2 days ago · 5 min. The owner of Saks Fifth Avenue will acquire Neiman Marcus under a $2.65 billion deal announced Thursday, culminating years of fitful talks between a pair of legacy retailers vying to ...
3 days ago · Saks Fifth Avenue’s parent company is nearing a $2.65bn deal to buy its luxury department rival Neiman Marcus with the backing of tech giants Amazon and Salesforce, said two people with ...
2 days ago · Thu, Jul 4, 2024, 1:36 PM 2 min read. (Reuters) -Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them ...
2 days ago · Amazon.com Inc. and Salesforce Inc. will help facilitate the deal by Saks owner Hudson’s Bay Co. The tech companies will take minority stakes in a new company, called Saks Global, according to...
2 days ago · Saks.com operates as a separate business that is owned by HBC. Neiman has 36 department stores, two Bergdorf Goodman stores and five Last Call discount stores. There are eight malls that have...
3 days ago · The owner of Saks Fifth Avenue has acquired Neiman Marcus Group in a $2.65 billion deal, according to a report in The Wall Street Journal. Amazon helped finance the deal alongside existing Saks investors, sources told WSJ, which will result in a new entity known as Saks Global.
