US luxury retailer Neiman Marcus is reportedly considering a sale to rival Saks Fifth Avenue due to weak demand. The company, which also owns Bergdorf Goodman, is expected to be acquired for $2 billion, below the $5.1 billion it fetched in 2005. Minor stakeholders Davidson Kempner Capital Management and Sixth Street Partners are pushing for the sale, while major investor PIMCO initially argued for improvement over time but has now agreed to a possible sale. The company's EBITDA in the June quarter decreased 25% Y/Y with a 9% drop in revenue.