Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for ...
The deal for the two retail groups to join forces is complete. It’s the first step in Saks Global’s big ambitions.
The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations, executive changes ...