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Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition

  • Saks Global has completed its acquisition of Neiman Marcus Group for $2.7 billion.
  • The luxury retail brands, including Saks Fifth Avenue and Neiman Marcus, will continue to operate under their own brand.
  • The acquisition brings together strategic partnerships with Amazon, Authentic Brands Group, Salesforce, and G-III Apparel Group.
  • Saks Global aims to redefine the luxury shopping experience through data, innovation, and prime real estate.

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