The deal between Saks Fifth Avenue and Neiman Marcus may put the industry under further scrutiny. This matters because LVMH ...
With high-end goods makers keen to sell more directly to consumers, the business model desperately needs a makeover ...
The brand hopes to expand its current offerings of perfume and beauty lines into home goods, outerwear and more.
On 4 July, the announcement of a long-rumoured deal rocked the boat even more: HBC, the parent company of luxury retailer Saks Fifth Avenue, will acquire Neiman Marcus (which also owns Bergdorf ...
“Luxury sales have changed radically because so many of the major luxury producers are now operating their own stores via e-commerce, and the role of department stores like Neiman Marcus and Saks and ...
The retail core of downtown Seattle is taking another hit with the announcement that Saks OFF 5th will close this month.
The Real-Estate Scion Behind the Saks and Neiman Marcus Marriage ...
Saks OFF 5th is the latest large retailer to pack up and leave the downtown retail core as local foot traffic continues to ...
The deal isn’t done yet, but the looming potential acquisition of Neiman Marcus by Saks Fifth Avenue parent Hudson’s Bay ...
Amazon.com boss Andy Jassy is sharply pairing a tailored blazer with cheap cargo pants. The e-commerce goliath agreed to back ...
Meanwhile, privately owned HBC last week announced a definitive agreement to acquire Neiman Marcus Group for $2.65 billion. Following completion of the deal, HBC plans to establish Saks Global, ...
This deal will have winners and losers and it may be transformational for the luxury retail business. Or it may not.