Putting Saks and Neiman Marcus together was supposed to create a luxury powerhouse. Just over a year later, unpaid debts ...

Aggies have big plans for small reactors at nation’s largest nuclear program. The Texas A&M campus at College Station could ...

The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter ...

Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, taking over from Richard ...

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

This is read by an automated voice. Please report any issues or inconsistencies here. Saks Global sells the Neiman Marcus Beverly Hills property to New York investment firm Ashkenazy Acquisition Corp.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Neiman Marcus parent company ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

A pedestrian walks past the flagship store of luxury retailer Neiman Marcus at Beverly Hills on Dec. 30, 2025. The property was recently sold to New York private real estate investment firm Ashkenazy ...

In addition to heavy debt from the Neiman Marcus Group acquisition, Saks Global has struggled with weak sales trends and a difficult retail environment amid a slide in consumer spending on luxury ...

Ben Ashkenazy is adding to his Southern California holdings with a purchase in the Beverly Hills Golden Triangle. With the Neiman Marcus site, Ashkenazy now owns 350,000 square feet of retail in the ...

The New York City-based luxury retail and real estate holding company, which finalized its $2.7 billion acquisition of Dallas-based Neiman Marcus Group in December 2024, is considering Chapter 11 as ...