Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...

The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

Saks Global sought Chapter 11 protection as debt, slowing sales and shifting luxury shopping habits squeezed the business ...

Birmingham was once Saks' headquarters following a 1998 merger with Knoxville-based department store chain Proffitt's Inc.

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

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

The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.

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

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

The new boss, Geoffroy van Raemdonck, has at least one consolation: Saks Global owns property worth $4.4bn, including the ...

Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...