Saks Officially Acquires Neiman Marcus for $2.7 Billion [Yahoo! Finance]
G-III Apparel Group, LTD. (GIII)
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am
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Source: Yahoo! Finance
Saks Global has completed a $2.7 billion acquisition of Neiman Marcus Group, Hypebeast reported on Thursday. The deal means that Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman will all be part of the same family, with each entity remaining a distinct brand. More from Robb Report Saks Fifth Ave Just Canceled Its Annual Holiday Light Show in N.YC. New York Wants to Spend $350 Million to Turn Fifth Avenue Into a Walkable Thoroughfare Forget Galleries. You Can Now Buy Fine Art From Saks Fifth Avenue. “This milestone transaction marks a transformative moment for Saks Global and the luxury retail industry,” Richard Baker, the executive chairman of Saks Global, said in a statement. “By uniting Neiman Marcus, Bergdorf Goodman, and Saks Fifth Avenue, we have created an unparalleled multi-brand luxury portfolio with tremendous growth potential. With data and innovation at our core and a portfolio of prime real estate, we aim to redefine the luxury shopping experience.” The
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News
- Why G-III Apparel Group (GIII) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- G-III Apparel Group, Ltd. (NASDAQ: GIII) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $38.00 price target on the stock.MarketBeat
- Is GIII Apparel Group (GIII) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- G-III Apparel Group, Ltd. (NASDAQ: GIII) had its price target raised by analysts at Barclays PLC from $27.00 to $29.00. They now have an "underweight" rating on the stock.MarketBeat
- G-III Apparel Group, Ltd. (NASDAQ: GIII) had its price target raised by analysts at Guggenheim from $36.00 to $38.00. They now have a "buy" rating on the stock.MarketBeat
GIII
Earnings
- 12/10/24 - Beat
GIII
Sec Filings
- 12/10/24 - Form 4
- 12/10/24 - Form 10-Q
- 12/10/24 - Form 8-K
- GIII's page on the SEC website