Bergdorf Goodman

Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
August 21, 2024  |  Acquisitions

The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. The waiting period under the Hart-Scott-Rodino...

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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...

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Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...

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Today in Retail: PayPal Increases Credit Card Cash Back to 3%
Today in Retail: PayPal Increases Credit Card Cash Back to 3%
April 05, 2022  |  Retail

Today in retail, paper couponing is bouncing back to join digital savings programs, while lower grocery budgets mean shoppers are shying away from name brands....

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Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
April 05, 2022  |  Retail

The online luxury retail space got a big new player Tuesday (April 5), when U.K.-based Farfetch said it was investing $200 million into Neiman Marcus’...

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Darcy Penick Is The New President Of Bergdorf Goodman
Darcy Penick Is The New President Of Bergdorf Goodman
June 27, 2018  |  Personnel

Neiman Marcus Group has announced that Darcy Penick is the new President of Bergdorf Goodman. Penick will begin her new position on September 4, reporting...

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Behind Bergdorf Goodman’s $500 Paper Bag
Behind Bergdorf Goodman’s $500 Paper Bag
February 01, 2016  |  Retail

Every year, millions flock to Manhattan in December to see the windows on 5th. But by the end of January, the displays are down, and...

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