【New York, US】These 8 Saks Fifth Avenue Stores Are Closing
Editor’s NoteThis article details Saks Global’s strategic store closures following its Chapter 11 filing, part of a reorganization to focus on its…
Saks Global
【Zurich, Swit】Cartier Owner Richemont Beats Sales Forecasts as China Recovery Continues
Editor’s NoteThis article highlights a key indicator for the luxury sector, as Richemont’s better-than-expected sales are driven significantly by a…
【New York, US】U.S. Department Store Giant Saks Global Completes Acquisition of Neiman Marcus for Approximately $2.7 Billion
Editor’s NoteThis article reports on the completion of Saks Global’s $2.7 billion acquisition of Neiman Marcus, a major consolidation in the U.S….
【New York, US】Luxury Department Stores Saks Fifth Avenue and Neiman Marcus to Merge
Editor’s NoteThe parent company of Saks Fifth Avenue has finalized a $2.65 billion deal to acquire Neiman Marcus, with Amazon taking a minority…