Saks Buys Neiman Marcus: A Landmark Acquisition in Luxury Retail
Business Transaction Overview: Saks Buys Neiman Marcus Saks buys neiman marcus – In 2020, Saks Fifth Avenue, owned by Hudson’s Bay Company, acquired Neiman Marcus, a luxury department store chain, for approximately $2.4 billion. The deal included Neiman Marcus’ Bergdorf Goodman stores and the company’s online operations. Saks Fifth Avenue assumed Neiman Marcus’ debt of … Read more