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1 day ago · A May 2024 data breach disclosed by American luxury retailer and department store chain Neiman Marcus last month has exposed more than 31 million customer email addresses, according to Have I Been ...
1 day ago · The e-commerce giant is among the players investing in the $2.65 billion deal that will have Richard Baker’s HBC buy Neiman Marcus and meld it with Saks into a new organization called Saks ...
1 day ago · A new but long-expected merger agreement between Saks Fifth Avenue and Neiman Marcus underscores the dwindling need for brick-and-mortar luxury department stores, according to retail experts. Saks’ parent company, Hudson Bay Company (HBC), announced Thursday it had struck a $2.65 billion deal to acquire Neiman Marcus and form a new business ...
3 hours ago · Over the past two weeks, Amazon .com Inc. has sought to make inroads in the selling of both bling and bargains. Only one move is wise. It has a better chance of competing with Tiffany & Co. than Temu. Bloomberg. Amazon will help facilitate a deal by Saks Fifth Avenue owner Hudson’s Bay Co. to acquire rival Neiman Marcus Group for $2.65 billion.
3 hours ago · Key facts. Start-up funding for Q2 hit $1.5 billion for the first time since 2022 with the surge being driven by the return of mega-deals. (Six start-ups raised $100+ million fundiing rounds). Overall, investor sentiment has improved, with 46% of investors describing the funding market as more favourable compared to last quarter.
1 day ago · A May 2024 data breach disclosed by American luxury retailer and department store chain Neiman Marcus last month has exposed more than 31 million customer email addresses, according to Have I Been Pwned founder Troy Hunt, who analyzed the stolen …
1 day ago · Saks Fifth Avenue parent acquires Texas-based Neiman Marcus for $2.6 billion After the storm. FEMA's top tips and resources for Texans affected by Hurricane Beryl Stephanie Allmon Merry.
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