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Search results

      • The e-commerce giant is among the players investing in the $2.65 billion deal that will have Richard Baker’s HBC buy Neiman Marcus and meld it with Saks into a new organization called Saks Global.
      wwd.com/business-news/business-features/amazon-invests-stake-saks-neiman-marcus-retail-deal-why-1236482154/

      Amazon’s Saks Global Investment Buys It More Access in Luxury

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  3. www.cnn.com › 2024/07/05 › businessSaks 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...

  4. www.forbes.com › sites › richardkestenbaumSaks Paying $2.6 Billion For Neiman Marcus. Amazon Will ...

    Jul 3, 2024 · According to The Wall Street Journal, Amazon will invest alongside Saks in the combined company and provide technological and logistical support.

    • Richard Kestenbaum

  5. www.usatoday.com › story › moneySaks Fifth Avenue owner and Amazon to buy Neiman Marcus in $2 ...

    Jul 3, 2024 · The parent of Saks Fifth Avenue, in a partnership with Amazon, will buy rival department store chain Neiman Marcus in a $2.65 billion deal.

    • Betty Lin-Fisher
    • Consumer Reporter

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  7. finance.yahoo.com › news › amazon-takes-piece-neimanAmazon takes piece of Neiman Marcus in sale to Saks parent ...

    Jul 4, 2024 · Hudson's Bay Company has announced a multi-billion dollar acquisition of Neiman Marcus, with Amazon playing a minority stake and bringing its logistics and personalization technology expertise...

  8. wwd.com › business-news › business-featuresAmazon’s Saks Global Investment Buys It More Access in Luxury

    Jul 8, 2024 · With a market capitalization topping $2 trillion and cash on hand of more than $73 billion, Amazon does not need Saks or Neiman Marcus or, really, fashion.

  9. www.independent.co.uk › news › worldSaks buys Neiman Marcus in $2.6bn deal — with a little help ...

    Jul 4, 2024 · The parent company of department store chain Saks Fifth Avenue has agreed to buy luxury retailer Neiman Marcus in a $2.6bn deal.

  10. theweek.com › business › saks-buys-neiman-marcusSaks buys Neiman Marcus in $2.65B deal - The Week

    Jul 5, 2024 · Hudson's Bay Company, which owns Saks Fifth Avenue, will buy Neiman Marcus and Bergdorf Goodman in a $2.65 billion deal announced Thursday. The luxury retailers will be combined under a new...

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