Saks Fifth Avenue and Neiman Marcus merger: some pros and cons
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Saks Fifth Avenue and Neiman Marcus merger: some pros and cons
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Description
Hello Everyone Saks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And Amazon wants to help. Saks owner HBC announced a deal Thursday to...
show moreSaks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And Amazon wants to help.
Saks owner HBC announced a deal Thursday to acquire Neiman Marcus for $2.65 billion, establishing a luxury behemoth called Saks Global that has the two namesake department stores plus Saks Off 5th discount store and the upscale Bergdorf Goodman.
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