Amazon’s $2.65 Billion Backing of Saks and Neiman Marcus Merger: A Luxury Retail Revolution
A Luxury Retail Revolution between Saks and Neiman Marcus For about $2.65bn, Hudson’s Bay Co, parent firm to Saks Fifth Avenue is believed to be set on buying Neiman Marcus as it emerges that the deal comes with a surprise new twist where Amazon gets a little stake in the merged business. This follows months … Read more