By ANNE D’INNOCENZIO NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake. The new entity will be called Saks Global, creating a luxury […]


<div class="paywall-container">
<div class="textbox">
<h4 style="padding: 0 0 20px"> <a href="https://checkout.bostonherald.com/?&amp;g2i_or_o=Internet&amp;g2i_or_p=mg2pw20&amp;g2i_source=MD&amp;g2i_medium=sspw&amp;g2i_campaign=MG2PW20-sspw&amp;returnUrl=https3A2F2Fwww.bostonherald.com2F">Subscribe</a> to continue reading this article.</h4>
<h4> Already subscribed? <a href="/2024/07/04/parent-company-of-saks-fifth-avenue-to-buy-neiman-marcus-for-2-65-billion//login?&amp;returnUrl=https%3A%2F%2Fwww.bostonherald.com%2F2024%2F07%2F04%2Fparent-company-of-saks-fifth-avenue-to-buy-neiman-marcus-for-2-65-billion%2F">To login in, click here.</a></h4>
</div>
</div>


By ANNE D’INNOCENZIO NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman st…{ai:summary}<p>Saks Fifth Ave parent buys Neiman Marcus for $2.65B; Amazon to hold minority stake. New entity named Saks Global. #economy</p>

Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion

Subscribe to continue reading this article.

Already subscribed? To login in, click here.

Loading...