On February 14, the newly formed Saks Global announced its plan to pay vendors past due balances in 12 monthly installments beginning in July....more
2/24/2025
/ Acquisitions ,
Artificial Intelligence ,
Corporate Governance ,
Financial Institutions ,
Investment ,
Investors ,
Mergers ,
Payment Systems ,
Popular ,
Retail Market ,
Supply Chain
On December 23, 2024, Hudson’s Bay Company, the parent company of Saks Fifth Avenue, completed its acquisition of Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, for $2.7 billion following years...more
1/15/2025
/ Acquisitions ,
Antitrust Provisions ,
Competition ,
Corporate Governance ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Investors ,
Luxury Goods ,
Mergers ,
Retailers ,
Vendors