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

Saks Global filed for bankruptcy protection late Tuesday, barely a year after consolidating Saks Fifth Avenue, Bergdorf ...

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 ...

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.

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.

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

Department stores are increasingly being left behind as luxury brands connect directly with customers, both online and in ...

Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...