The discount online arm of Saks Global Enterprises won court approval to hire a liquidator to sell its inventory separately ...
An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...
“There has been a transformation in retail,” one expert said.
Saks Fifth Avenue filed for bankruptcy even though the global market for luxury retail is recovering.
The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.
The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.
Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...
Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...
The footwear company warned of potential sales volatility stemming from the Saks Global bankruptcy, which has left many ...
The faster the court proceedings, the better it is for Saks looking to replenish its depleted shelves and minimize legal and ...
Amazon said its $475M stake in Saks is 'presumptively worthless' and that it may seek 'more drastic remedies' if Saks doesn't ...
The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...