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Saks Global Completes Acquisition of Neiman Marcus Group

Dec 24, 2024•over 1 year ago

Contract Type

partnership

New YorkE CommerceFashionRetail

Description

Saks Global has completed the acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion, bringing together luxury retail brands and strategic partnerships to drive innovation and growth.

Company Information

Company

Saks

Location

New York, New York, United States

About

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Our portfolio includes almost 180 stores, nearly 13 million square feet of prime U.S. real estate holdings and investments and five distinct ecommerce experiences.

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Strategic partnership established

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