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.
Archive | Mergers & Acquisitions
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What’s Next For Neiman Marcus After The Saks Merger?
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.
Farfetch’s Turnaround Begins Under Coupang Leadership
Though still in early days, luxury fashion marketplace Farfetch seems to have found a good home at Coupang under leadership of founder and CEO Bom Kim.
Supreme Acquired by EssilorLuxottica for $1.5 Billion From VF: What’s Next for the Streetwear Brand?
VF is selling Supreme to EssilorLuxottica for $1.5 billion, far less than it paid in 2020. Since then, Supreme has fallen hard in the fast-paced streetwear business.
Why Nordstrom May Be Surprise Winner From Saks-Neiman Marcus Merger
After months, even years of rumors, Saks Fifth Avenue and Neiman Marcus Group (NMG) have reached a definitive merger agreement. Saks will pay $2.65 billion to acquire NMG and its 36 department stores, two Bergdorf Goodman locations and five Last Call outlets.Saks brings 39 stores, 95 Saks Off 5th outlets, and a separately operating Saks.com […]
