• Hudson's Bay Company Acquires Neiman Marcus for $2.65 Billion

  • Jul 18 2024
  • Length: 21 mins
  • Podcast

Hudson's Bay Company Acquires Neiman Marcus for $2.65 Billion By cover art

Hudson's Bay Company Acquires Neiman Marcus for $2.65 Billion

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  • Summary

  • The retail landscape is undergoing a significant transformation, particularly in the luxury sector. The recent $2.65 billion acquisition of Neiman Marcus by the Hudson's Bay Company (HBC), facilitated through its subsidiary Saks Fifth Avenue, is a testament to this shift.

    Watch: YouTube.com/LIDDConsultants

    Further Reading:

    • Hudson's Bay Company to buy luxury retailer Neiman Marcus in $2.65B US deal
    • Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
    • HBC, Parent of Saks Fifth Avenue, to Acquire Neiman Marcus Group for $2.65 Billion and Establish Saks Global, a Technology-Powered Luxury Retail Company
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