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July 9, 2024

Saks Fifth Avenue and Neiman Marcus merger: some pros and cons

Saks Fifth Avenue and Neiman Marcus merger: some pros and cons

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 acquire Neiman Marcus for $2.65 billion, establishing a luxury behemoth...

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 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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Dr.Afshan Hashmi
www.afshanhashmi.com

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