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Games

Two luxury rivals are joining forces — and Amazon is getting in on the action

Saks Fifth Avenue's takeover of rival department store company Neiman Marcus for $2.65 billion shows how tough things are in the luxury retail space.

By: Business Insider

Jul 05 2024
33
3646 Views

Two luxury rivals are joining forces — and Amazon is getting in on the action — Two luxury rivals are joining

Saks Fifth Avenue is purchasing Neiman Marcus in a mega luxury fashion merger.John Greim/Getty Images

Saks Fifth Avenue is purchasing Neiman Marcus for $2.65 billion amid luxury retail chall… [+3349 chars]
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