New Saks-Neiman Marcus leader says $2.65 billion deal ‘is about growing,’ not shrinking
Marc Metrick, the executive poised to lead Neiman Marcus after its sale to rival Saks Fifth Avenue, says there are no plans ...
Forbes3mon
The Saks-Neiman Deal, GenAI’s Bubble Debate And Consumer Frustrations
And finally, Saks Fifth Avenue is buying Neiman Marcus. After the FTC expressed displeasure ... It is definitely the stranger angle of the deal – assuming it goes through. This week it seemed ...
akm6d
Saks Fifth Avenue acquires Neiman Marcus Group for $2.65 billion
American retailer Saks Fifth Avenue has signed an agreement to acquire Neiman Marcus Group for $2.65 billion. This is reported in the Saks press release. The deal will unite the two largest chains of ...
Women's Wear Daily19y
The Neiman’s Challenge: Staying at Top of Luxury Under Two New Owners
“Neiman Marcus is a wonderful ... in the stock and greater value in a deal compared with the Neiman’s deal. Saks would be priced much less. “Absolutely, this deal will continue to add ...
The Globe and Mail4mon
Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion
NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion ...
Daily Mail10d
Neiman Marcus 'bans' the word Christmas from its almost century-old gift catalogue to the fury of workers
For the first time ever, Neiman Marcus has rebranded its 98-year ... for Geoffroy' before the brand closes a $2.65 billion deal with Saks Fifth Avenue's owner, HBC, which is expected to be ...
The New York Times1mon
Neiman Marcus Group
Crew and Neiman Marcus needed to be investing ... Silicon Valley start-up. A deal would put the struggling high-end retailer under the same umbrella as Saks Fifth Avenue and Lord & Taylor and ...
Forbes6y
A Tough Agenda Faces Neiman Marcus' New CEO
Because of incredibly favorable rent deals and developer capital contributions ... There are some geographies where having Saks and Neiman Marcus duke it out directly only leads to mediocre ...
Fox Business11d
Luxury department store removes the word 'Christmas' from popular gift catalog
"Instead, my job is at risk because of our business failure." SAKS OWNER TO BUY NEIMAN MARCUS — WITH HELP FROM AMAZON The "Fantasy Gift" has been an especially popular focal point of the catalog ...
Retail TouchPoints26d
Saks, Authentic Aim to ‘Redefine the Luxury Experience’ Through New Joint Venture
Brand management firm Authentic Brands Group and Saks Global have developed a new joint venture called Authentic Luxury Group (ALG) that is aimed at “redefining and expanding the modern luxury ...
The New York Times1mon
Neiman Marcus Group
The deal, a vote in favor of the future of brick ... At a time when J. Crew and Neiman Marcus needed to be investing money to adjust to changing shopping habits, enormous sums were going to ...