The much-touted corporate marriage between Saks and Neiman Marcus was supposed to show how two iconic names in luxury retail ...
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy ...
The New York City-based company owns Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow.
NEW YORK >> High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the ...
A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the COVID ...
The move cast uncertainty over the future of U.S. luxury fashion, though the retailer said its stores would remain open for ...
The company behind Saks Fifth Avenue and Neiman Marcus announced on Wednesday that it is filing for bankruptcy. The luxury ...
Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to ...
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after ...