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Luxury department store Saks buys Neiman Marcus, and Amazon gets a stake
MPR News· 5 days agoA luxury retailer is making its own high-end purchase: Saks Fifth Avenue's parent company is buying Neiman Marcus for $2.65 billion, in a merger that would ...
Saks’ Online CEO Says Amazon to Help ‘Future-Proof’ Neiman Deal
The Business of Fashion· 4 days agoAmerica’s two largest luxury department-store chains are combining — and they’ll rely in part on the...
Neiman Marcus to Be Acquired by Saks Owner HBC: Report
Barrons.com· 6 days agoSTOCK ALERT Saks Fifth Avenue’s parent company is buying the luxury department store Neiman Marcus...
Saks, Neiman Marcus merger is a luxury-tech fusion with Amazon, Salesforce
Axios· 4 days agoThe world of luxury retail is consolidating fast. The announced $2.65 billion acquisition of Neiman...
HBC should apply learnings from new Saks Global company to the Bay: experts
The Chronicle-Journal· 4 days agoRetail consultants say Hudson's Bay Co. should apply lessons it learns from a newly-announced deal uniting several department store giants to its Bay business. The deal announced Thursday will ...
Parent company of Saks Fifth Avenue to buy upscale rival Neiman Marcus
Associated Press Finance via Yahoo Finance Canada· 5 days agoNEW YORK (AP) — Parent company of Saks Fifth Avenue to buy upscale rival Neiman Marcus.
$2.65 Billion Saks-Neiman Marcus Acquisition Will Create a Luxury Retail Giant
New York Times· 6 days agoThe deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape...
Op-Ed | Let Temu Keep the Cheap Stuff. Amazon Should Go Luxe.
The Business of Fashion· 1 day agoIt has a better chance of competing with Tiffany & Co. than Temu. Amazon will help facilitate a deal...
Saks Owner Seals $2.65 Billion Neiman Deal With Amazon Help
Bloomberg· 6 days agoHave a confidential tip for our reporters? The owner of Saks Fifth Avenue is acquiring Neiman Marcus...
‘Marriage of convenience’: Hudson’s Bay Co. buying Neiman Marcus for US$2.65B
Toronto Star· 5 days agoUnder the deal, Toronto-based HBC will group Neiman Marcus and Bergdorf Goodman in a new business...
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