Americas’ Saks Global completes acquisition of Neiman Marcus

Saks Global has acquired Neiman Marcus Group for $2.7 billion, uniting luxury brands Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH.
Emily Essner becomes president & chief commercial officer, while Marc Metrick and Ian Putnam lead key divisions.
Executive chairman Richard Baker highlighted plans to redefine luxury retail with innovation and prime real estate.Read More