Saks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And Amazon wants to help. Saks owner HBC announced a deal Thursday to acquire Neiman Marcus for $2.65 ...

Saks Global is poised to exit bankruptcy protection this summer, with a group of bondholders promising to provide the retail giant $500 million in financing to operate its luxury stores, the company ...

In M&A transactions, the focus is often on getting to the finish line—negotiating terms, securing financing, and closing the deal. But experienced dealmakers know that signing on the dotted line is ...

Saks Global Enterprises has secured $500 million in financing from key bondholders to support the luxury retailer’s planned emergence from bankruptcy this summer. The company that owns and operates ...

The parent of Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman cut its debt by 75% and closed hundreds of stores during restructuring ...

Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the ...

Owner Saks Global will close Neiman Marcus' 100-plus-year-old downtown Dallas department store later this year, ending more than a year of attempts to save it.

NEW YORK(AP) — An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores' suppliers with unpaid bills ...

However, several aspects of Exemplar Luxury Group’s post-bankruptcy financing complicate matters and increase its burden, analysts say.

The unsecured creditors committee in the Saks Global bankruptcy is still in the information-gathering stage — and looking to former chief executive officer Marc Metrick for documents related to the ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...