Saks Fifth Avenue 2024 Instore vs. Online Revenues Compared to Neiman Marcus
After years of merger talks, Saks Fifth Avenue and Neiman Marcus are joining forces to create Saks Global, a new luxury retail empire with Amazon’s support. The $2.65 billion deal enhances their negotiating leverage with luxury brands and brings together Saks’ 39 stores and Neiman Marcus’ 36 stores, including Bergdorf Goodman.
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