Luxury Market Shakeup as Saks Acquires Neiman Marcus

By Gary Symons TLL Editor in Chief Photo by Arnaud Denise Saks Global has finalized its acquisition of the Neiman Marcus Group (NMG) in a transaction valued at $2.7 billion, consolidating some of the most prestigious names in luxury retail under one corporate umbrella. The combined portfolio now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth … Continue reading Luxury Market Shakeup as Saks Acquires Neiman Marcus