Saks Global announced January 2 that CEO Marc Metrick is stepping down from his role amid reports that the luxury retailer is ...

The company missed an interest payment of over $100 million, leading to expectations of an imminent Chapter 11 filing or ...

Saks Global, the parent company of Neiman Marcus, has announced an executive leadership change ahead of an anticipated ...

There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...

Faced with bankruptcy as a result of its acquisition of Neiman Marcus, Saks Global has sold a major property in San Francisco ...

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of ...

Saks Global Enterprises, which operates Saks Fifth Avenue and Neiman Marcus, said Friday its CEO Marc Metrick stepped down, ...

A Wall Street Journal report claims Saks is on the verge of filing for bankruptcy after missing a $100 million debt payment on Dec. 30.

Executives at Saks Global have signaled plans to shore up cash by offloading stores or raising emergency financing.

Neiman Marcus parent company Saks Global is reportedly weighing Chapter 11 bankruptcy as “a last resort” because of a more ...

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

In a move that centers Ashkenazy Acquisition Corp. in the height of luxury retail, the real estate investment firm acquired ...