NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus for $2.65 billion.

NEW YORK (AP): The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and...

The owner of Saks Fifth Avenue is close to acquiring Neiman Marcus Group for US$2.65bil, according to a person familiar with the matter – a deal...

Goal of the deal appears to be to cut costs, streamline operations and boost profit at a time when the retail sector has been under pressure

Luxury retailer Neiman Marcus confirmed it suffered a data breach after hackers attempted to sell the company's database stolen in recent Snowflake...

Almost immediately after Neiman Marcus began informing customers about a data breach, the alleged data was offered for sale. This article has been...

Mutual Fund Report for BFTHX

Flash clobber chain fashionably late to Snowflake fiasco party Customer information said to have been stolen from Neiman Marcus’s Snowflake instance...

Neiman Marcus has suffered a data breach  in which the threat actors accessed the data

Ewaen Sorae is the CEO of E’sorae Luxury, a bedding and homeware company supplying both the retail and wholesale market.