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Inside Retail quoted IADS on the Saks and Neiman Marcus merger
press
July 2024
Inside Retail has written an article detailing the merger of Saks and Neiman Marcus and how this union could create a department store titan in a time where theres increased competition. Saks, known for its flagship store on Fifth Avenue in New York, and Neiman Marcus, with its iconic Dallas location, are expected to benefit from combined resources and customer bases. The article quoted the IADS' GM, Selvane Mohandas du Ménil, who shared his thoughts on the strategic implications of this merger for the luxury retail sector.