Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.

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Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.
A global survey among 12,000 luxury retail employees finds widespread job dissatisfaction. So much so that over half are planning to leave their current employer.
Coming off third quarter with revenues up 8% and market share gains, RH will move aggressively in 2025 to shore up its leadership in the home furnishings market.
In its rebranding, Jaguar tries to speak a progressive language of luxury but it got lost in translation.