Saks Global ‘Exploring All Potential Paths’ On Anniversary of Neiman Marcus Deal
Yahoo Finance·2025-12-24 00:36
Tuesday marked exactly one year since Saks Global — to the surprise of its many doubters — closed on its $2.7 billion deal to buy Neiman Marcus Group. While the acquisition did create a luxury department store giant including Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, it did not dispel the doubters. More from WWD From the controversial decision to extend payment terms on vendors and to cover its past-due payments in monthly increments in February to a quick refinancing in August, the future ...