Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...

A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks ...

The collapse of a major retail partner is forcing a 27-year-old fashion brand into Chapter 11, highlighting the risks in ...

Saks Global Enterprises LLC ("Saks Global" or the "Company"), a leading luxury retail company, today announced that it has access to an initial tranche of approximately $500 million of $1.75 billion ...

Saks Global said the company expects to exit bankruptcy later this year. With court approval, $1 billion will become available for operations, and another $500 million is designated for when the ...

The e-commerce giant is fighting for a $475M investment backed by Saks Fifth Avenue's flagship Manhattan store following the ...

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

Saks Global's bankruptcy filing is tied to its debt-laden empire, including high-end stores like Saks Fifth Avenue. The company's real estate portfolio could be a pivotal asset for restructuring.

Saks Global has filed for bankruptcy, but its Neiman Marcus store at King of Prussia Mall is expected to remain open for now.

The Saks bankruptcy story illustrates how government policy married to central bank mechanizations incentives bad decisions.

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