Saks Global Execs Talk Integrations, Plans and Opportunities

Saks Global’s $2.7 billion takeover of the Neiman Marcus Group hasn’t been easy and has kept many vendors on edge.

But in a media briefing Tuesday morning at Bergdorf Goodman, Marc Metrick, chief executive officer, along with Emily Essner, president and chief commercial officer, and Tracy Margolies, president of Bergdorf Goodman, outlined progress, as they see it, in the integration, as well as opportunities for the future.

Combining the Saks and Neiman’s merchandising and marketing teams into a single organization, from a human capital perspective, is “wholly done,” Metrick said. “They’ve largely been integrated, though there’s always work to do.” He said there’s about a 50-50 split with half the team coming from Neiman’s and half from Saks.

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