As talk turns to new a leadership team, the company plans to file no later than midweek with $1 billion in DIP financing and ...

Saks Global Enterprises, the storied owner of luxury icons Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is ...

Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, is expected to imminently file for bankruptcy protection, ...

Barely a year after Saks Global Enterprises splurged $2.65 billion on Neiman Marcus, the honeymoon is already over—and the ...

In 1955, she was hired by Neiman Marcus to feed their clientele rich on oil money and hungry for something more elegant than ...

The insolvency caps years of mounting pressures for a retailer loved by movie stars and royals, including Gary Cooper and ...

A bondholder group is offering $1.25 billion of bankruptcy financing with the aim to take control.

Saks Global Enterprises, the parent company of Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Saks OFF 5TH, is ...

Italian luxury brand Brunello Cucinelli , known for its $3,000 cashmere sweaters, bet big on department stores, a strategy ...

GameStop has closed nine stores across Greater Los Angeles. Find out which neighborhoods lost their locations and how many ...

Trent Grisham was the first big move of the offseason. He accepted the New York Yankees qualifying offer to the tune of $22 ...

A year after merging, Saks Global is weighed down by debt, weak luxury demand and vendor pullbacks, raising Chapter 11 risks.