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Luxury Jewelry Brands Attracting Wealthy Shoppers

The Wealthy and Their Jewelry ObsessionIn Milan, Italy, a shopper casually strolls by a dazzling jewelry display at a Van Cleef & Arpels luxury store, owned by Cie. Richemont SA. The window showcases a...
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Saks Fifth Avenue Parent HBC Acquires Neiman Marcus Group in $2.65 Billion Deal

Saks Fifth Avenue parent company, HBC, has announced its acquisition of Neiman Marcus Group in a $2.65 billion deal. This merger will bring together two well-known retailers to form Saks Global, which will include...