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March 19, 2026
  1. Patrón teams up with filmmaker Guillermo del Toro
  2. Marriott’s Luxury Group launches artist residency program
  3. MCM begins year-long 50th anniversary celebration
  4. Luxury Unfiltered: The conflict in Iran is a wake-up call for luxury
  5. Richard Mille signs title partnership with Superyacht Cup Palma
  6. Marriott International to flip Hawaii’s Resort at Kapalua Bay into St. Regis property
  7. Puig appoints new CEO
  8. Global luxury market to grow by up to 4pc in 2026: Kearney
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  10. Natalie Portman leads cinematic Tiffany & Co. HardWear campaign
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Commerce

Saks parent company to acquire NMG for $2.65B

July 5, 2024

The deal would create a luxury retail superpower in the United States. Image courtesy of Saks The deal would create a luxury retail superpower in the United States. Image courtesy of Saks

 

By Zach James for Luxury Daily News Service

Hudson’s Bay Company (HBC), the owner of U.S. department store chains Saks Fifth Avenue, Saks Off 5th and Hudson’s Bay, is bringing another luxury seller under its umbrella.

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  1. Patrón teams up with filmmaker Guillermo del Toro
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  3. MCM begins year-long 50th anniversary celebration
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  5. Richard Mille signs title partnership with Superyacht Cup Palma
  6. Marriott International to flip Hawaii’s Resort at Kapalua Bay into St. Regis property
  7. Puig appoints new CEO
  8. Global luxury market to grow by up to 4pc in 2026: Kearney
  9. Top luxury campaigns of 2025: Bottega Veneta, ‘Craft is Our Language’
  10. Natalie Portman leads cinematic Tiffany & Co. HardWear campaign
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