Luxury Retail Archives - Brayden DArcy

Saks Acquires Neiman Marcus: A Transformative Deal in the Luxury Retail Sector

Saks Fifth Avenue’s Acquisition of Neiman Marcus: Saks Buying Neiman Marcus Saks buying neiman marcus – On May 2, 2023, Saks Fifth Avenue, a renowned luxury department store chain, announced its acquisition of Neiman Marcus, another iconic luxury retailer. The deal, valued at approximately $2.2 billion, marked a significant consolidation within the luxury retail industry. … Read more