Kimberly Chin

Kimberly Chin is a journalist covering retail and deals for Axios. She previously reported on luxury retail for Business of Fashion. Kimberly's articles often focus on the intersection of technology and luxury, as seen in her coverage of the Saks-Neiman Marcus merger. Her writing provides valuable insights into the evolving landscape of high-end retail and the strategies employed by major players in this competitive space.

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The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

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Recent Articles

Saks Fifth Avenue and Neiman Marcus Merge to Form $10 Billion Luxury Retail Empire: Saks Global

Saks Fifth Avenue and Neiman Marcus Merge to Form $10 Billion Luxury Retail Empire: Saks Global

Broke On: Friday, 05 July 2024 Saks Fifth Avenue and Neiman Marcus are merging to form Saks Global, a new luxury department store empire valued at $2.65 billion with Amazon and Salesforce taking minority stakes. The deal comes as both chains face pressure from luxury brands and shifting consumer behavior towards online shopping. With expected annual sales of $10 billion, the merger aims to create personalized shopping experiences using AI and streamline logistics for the new entity.