Neiman

HBC confirms the acquisition of Neiman Marcus, formation of Saks Global mall powerhouse

RiverNorthPhotography HBC confirmed on Friday that will it acquire Neiman Marcus Group for $2.65 billion. The combination of Neiman Marcus with the company that already owns Saks Fith Avenue is expected to fuel growth and benefit customers, brands, and employees by meeting the increasing demands of the rapidly evolving luxuryContinue Reading

Saks owner to purchase rival Neiman Marcus for $2.65B – WSJ

In: Finance

RiverNorthPhotography The parent of Saks Fifth Avenue agreed to buy rival upscale department store chain Neiman Marcus for $2.65 billion. The boards of both retailers approved the deal and an announcement may come this evening, according to a WSJ report on Wednesday, which cited people familiar with the matter. UnderContinue Reading

HBC confirms the acquisition of Neiman Marcus, formation of Saks Global mall powerhouse

Saks owner to purchase rival Neiman Marcus for $2.65B – WSJ

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