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Saks buys Neiman Marcus in $2.6bn deal — with a little help from Amazon
The Independent via Yahoo News UK· 17 hours ago“There will be efficiencies, without a doubt,” Robert Burke, the founder of a luxury retail...
Saks Owner Seals $2.65 Billion Neiman Deal With Amazon Help
Bloomberg via Yahoo Finance UK· 17 hours ago(Bloomberg) -- The owner of Saks Fifth Avenue is acquiring Neiman Marcus Group for $2.65 billion — a...
Must Read: Glossier Is the USA Women's Basketball Team's First Beauty Partner, Givenchy Names New...
Fashionista via Yahoo News· 2 days agoThe house is still awaiting the appointment of a new designer following the departure of Matthew...
Elon Musk Is 2024’s Biggest Billionaire Loser So Far—Pending His Big Bonus
Forbes· 1 day agoThe net worth of Tesla’s headline-grabbing CEO Elon Musk fell by more than any other billionaire on...
Ikea Investment Arm Buys Stake in Fifth Ave. Project
GlobeSt.com· 3 days agoIngka Investments, the investment arm of Ingka Group that owns the majority of Ikea stores worldwide, announced it is taking a one-third stake in a...
Saks-Neiman’s Merger Has Finally Arrived: What Are the Ramifications?
WWD via Yahoo Finance UK· 2 days agoVendor Relationships The combined entity would have greater leverage over vendors, particularly...
$2.65 Billion Saks-Neiman Marcus Acquisition Will Create a Luxury Retail Giant
New York Times· 2 days agoThe deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape...
Shania Twain wears tartan skirt by Scots designer at Stirling gig as she gushes over Scotland
Daily Record via Yahoo News UK· 2 days agoThe country hitmaker stepped out in a half-tartan half-leopard print mini skirt at her Stirling...
Saks owner to buy Neiman Marcus, source says
Reuters via Yahoo Finance UK· 2 days ago(Reuters) -The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar with the matter told Reuters on Wednesday, a move that is...
French Stocks Lead Europe as Sunday Vote Nears; Tech Outperforms
Bloomberg via Yahoo News UK· 2 days ago(Bloomberg) -- French stocks outperformed the broader European benchmark on Wednesday, as the...