News

Saks Fifth Avenue’s parent company, HBC, has secured a $2.65 billion deal to buy its rival, Dallas-founded Neiman Marcus with help from Amazon. The luxury department store chains had been ...
The owner of Saks Fifth Avenue said it will shut down Neiman Marcus’s century-old flagship store — just two months after acquiring its longtime luxury rival in a blockbuster merger.. The ...
HBC, the parent company of upscale fashion retailer Saks Fifth Avenue, announced it would acquire Dallas-based Neiman Marcus on Thursday in a sale worth $2.65 billion.. Related: New Saks-Neiman ...
Saks Global announced the Dallas flagship Neiman Marcus store will close on March 31 claiming the building ... who was president and CEO of Saks Fifth Avenue after more than two decades with ...
Saks Fifth Avenue parent Hudson's Bay Company is acquiring Neiman Marcus for $2.65 billion, ... Carrie Marcus Neiman, and her husband A.L. Neiman opened the retailer's first store in Dallas, ...
The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns ...
Saks Global announced Dec. 23 it completed its $2.7 billion acquisition of Neiman Marcus, aligning two historic names in luxury retail and putting a prominent Dallas company under the control of a ...
Saks Limitless, the retailer’s invite-only loyalty program, will host an exclusive pop-up shopping experience for clients in Dallas. From April 18 through April 19, Saks will invite Limitless ...
Saks Global, which operates major retailer Saks Fifth Avenue, acquired Dallas-based Neiman Marcus in 2024. Women's Wear Daily reported April 22 that because of the merger, Saks Global was laying ...
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.
Owner of Saks Fifth Avenue and Neiman Marcus is expected to ask bondholders excluded from the financing to take a haircut.