Neiman Marcus Group

Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024  |  Retail

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. This acquisition brings together the...

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Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
August 21, 2024  |  Acquisitions

The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. The waiting period under the Hart-Scott-Rodino...

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Neiman Marcus Group Plans To Buy Stylyze As Part Of Digital Push
Neiman Marcus Group Plans To Buy Stylyze As Part Of Digital Push
June 16, 2021  |  Retail

In the first of many planned future digital investments and developments of technological functionalities, Neiman Marcus Group (NMG) plans to purchase Stylyze, according to an...

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Neiman Marcus Obtains Access To $250M With DIP Financing
Neiman Marcus Obtains Access To $250M With DIP Financing
June 17, 2020  |  Retail

Neiman Marcus Group has obtained U.S. court approval to get debtor-in-possession financing. The retailer said $250 million is available now and a further $150 million...

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Time Is Now To Use Bankrupt Stores’ Gift Cards
Time Is Now To Use Bankrupt Stores’ Gift Cards
June 09, 2020  |  Retail

Consumers whose wallets are bulging with gift cards issued by now-bankrupt retailers should think about spending them now — since they may become worthless. In...

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