The government has been reviewing the deal revealed July 5 by HBC to purchase the Neiman Marcus Group for a total enterprise value of $2.6 billion. "The period of review has expired," said one ...

HBC, Parent of Saks Fifth Avenue, and Neiman Marcus Group Announce Expiration of Hart-Scott-Rodino Waiting Period for Planned Transaction HBC, parent company of Saks Fifth Avenue, and Neiman ...

On the heels of the blockbuster announcement that Saks’ parent HBC inked a $2.65 billion deal to acquire rival Neiman Marcus, HBC is developing a hotel and 56 private residences in Beverly Hills ...

"We're thrilled to take this step in bringing together these iconic luxury names, Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman," HBC CEO Richard Baker said in a statement. "This is an ...

This story was updated at 2:20 p.m. on August 22, 2024 with additional details about the combined company, Saks Global. The planned acquisition of Neiman Marcus has passed a regulatory step as it ...

The creation of Saks Global was part of HBC's US$2.65-billion acquisition of American department store chain Neiman Marcus, announced earlier in July. Under the deal, Toronto-based HBC will group ...

as well as the real estate assets of Neiman Marcus Group and HBC, a holding company that purchased Saks in 2013. The stores will continue to operate under their own brand names. HBC has secured $1 ...

HBC, parent company of Saks Fifth Avenue, and Neiman Marcus Group (“NMG”), parent company of Neiman Marcus and Bergdorf Goodman, today announced the expiration of the waiting period under the ...

A Look Back at How Tracy Reese Designed Her Way to Household Name Neiman Marcus Spotlights 'The Art of Fashion' in Fall Campaign The government has been reviewing the deal revealed July 4 by HBC ...

NEW YORK, August 21, 2024--(BUSINESS WIRE)--HBC, parent company of Saks Fifth Avenue, and Neiman Marcus Group ("NMG"), parent company of Neiman Marcus and Bergdorf Goodman, today announced the ...