Saks Fifth Avenue’s parent company HBC acquires Neiman Marcus Group
Saks Fifth Avenue store in the Waterside Shops. John Greim | Lightrocket | Getty Images HBC, the parent company of Saks Fifth Avenue, announced Thursday that it will acquire Neiman Marcus Group in a deal valued at $2.65 billion, combining the two renowned retailers. The merger will create Saks Global, which includes Saks Fifth Avenue, … Read more