The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...

This time, the job is twice as big. On Tuesday, Van Raemdonck was appointed CEO of Saks Global, the same day as the luxury department store giant, which includes Neiman Marcus Group (and its Bergdorf ...

The much-touted corporate marriage between Saks and Neiman Marcus was supposed to show how two iconic names in luxury retail ...

The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, ...

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...

By Luciana Lopez, Nathaniel Meyersohn of CNN with material by Peter Katz, Westfair Communications Saks Global, the parent company of ...