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Saks Fifth Avenue's acquisition of Neiman Marcus was supposed to create a luxury powerhouse, but instead it led to the company filing for Chapter 11 bankruptcy protection. After funding the deal with ...

NEW YORK, Jan 14 (Reuters) - High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic, barely a year ...

Saks’ parent company, Saks Global Enterprises, filed for Chapter 11 bankruptcy protection Tuesday in the U.S. Bankruptcy Court for the Southern District of Texas after missing a $100 million interest ...

Answers to this and other questions about the financial crisis in America’s biggest luxury department store. By Vanessa Friedman and Jacob Bernstein On Wednesday Saks Global, the parent company of ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. By Kim Bhasin Vanessa Friedman and Lauren Hirsch Saks Global, the company ...

The former chief of Neiman Marcus is being picked to steer Saks Global through its expected bankruptcy proceedings as its new chief executive, according to people familiar with the situation. Geoffroy ...