Saks Global is exploring the sale of a 49% stake in Bergdorf Goodman, its ultra-luxury department store, in a deal that could fetch about $1 billion, The Wall Street Journal reported Sunday, citing ...
Saks, which declared bankruptcy on Jan. 14, is set to hold going-out-of-business sales as it closes dozens of retail outlets.
The parent of Saks Fifth Avenue is in talks to sell 49% of Bergdorf Goodman, the ultraluxury department store, for about $1 billion, according to people familiar with the situation. There are at least ...
NEW YORK--(BUSINESS WIRE)--Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value of $2.7 billion. Saks ...
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