Saks in the News
Sep 5, 2024 · News and updates for Saks, the premier digital platform for luxury fashion. Cheers! The CFDA, Vogue, and Saks Feted the 2024 CVFF Finalists and Toasted 20 Years of the Fashion Fund.
Saks Apologizes for Delinquent Vendor Payments; Neiman's Deal …
Saks' parent HBC intends to close its $2.65 billion deal to buy the Neiman Marcus Group by the end of its fiscal year and says that will help expedite delayed payments to vendors.
Saks Pressroom | Saks
Sep 5, 2024 · Through the Saks website and app, we provide access to professional stylists, inspiring editorial content and interactive events. Our differentiated approach seamlessly combines elevated online experiences with in-person services through an exclusive partnership with the Saks Fifth Avenue stores.
Saks Deal Triggers Layoffs; Shifts Key Execs to Saks Global Roles
Jul 23, 2024 · Key functions of the Saks.com, the Saks Fifth Avenue stores known as SFA, and Saks Off 5th companies are being merged under the Saks Global umbrella.
Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
Jul 5, 2024 · 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...
Saks Acquires Neiman Marcus - The New York Times
Jul 3, 2024 · In a move that would further consolidate the luxury retail market, the parent company of Saks Fifth Avenue has agreed to acquire Neiman Marcus in a $2.65 billion deal, creating the ultimate...
The Saks/Neiman Marcus Deal: The Good, The Bad, And The ... - Forbes
Jul 8, 2024 · Saks buying long-term rival Neiman Marcus may create a stronger combined entity but there are many vexing issues to be resolved if and when the deal receives FTC approal.
Press Releases - Saks
Saks and Thom Browne Launch California-Inspired Capsule Collection. February 29, 2024. Saks Luxury Pulse Reveals Growing Economic Optimism Among Luxury Consumers. February 6, 2024.
Saks CEO Talks Financial Results, Late Payments & Raising Money
Feb 23, 2024 · Saks.com, dealing with a challenging macro environment for selling fashion, says it’s getting close to finalizing a deal for additional capital and will make good on past due payments to...
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Jul 4, 2024 · Saks Fifth Avenue parent Hudson's Bay Company is acquiring Neiman Marcus for $2.65 billion, the privately-held upscale retailers said Thursday in a joint announcement.