neiman marcus

Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus

Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
July 03, 2024  |  Partnerships

Saks Fifth Avenue parent company HBC will reportedly buy rival Neiman Marcus, with Amazon taking a minority stake in the new company. Get the Full...

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Neiman Marcus Reports Data Breach Affecting 64,472 Customers
Neiman Marcus Reports Data Breach Affecting 64,472 Customers
June 27, 2024  |  Fraud Prevention

Neiman Marcus reported a data breach that affected 64,472 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Get the Full Story...

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Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Is the Luxury Slowdown Normalization or Inflation? 
Is the Luxury Slowdown Normalization or Inflation? 
January 16, 2024  |  Retail

There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...

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Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
December 01, 2023  |  Retail

Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. Get the Full Story Complete the form to unlock this article...

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Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Retailers Find It’s Expensive to Be Like Amazon
Retailers Find It’s Expensive to Be Like Amazon
July 13, 2023  |  Retail

Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria...

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