Saks Global Enterprises has been hit with a downgrade, adding to its growing list of challenges. The company — which includes ...

A Saks Global bankruptcy filing is expected by early-to-mid next week, with the struggling luxury retailer submitting a ...

Things look bleak for Saks, and that has set us worrying again about the fate of our beloved downtown Neiman Marcus.

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

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

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

The $2.7-billion marriage of Saks and Neiman Marcus was meant to create a powerhouse in the world of luxury department stores ...

While the land is coming under new ownership, Saks Global will still own the 200,000-square foot building and has inked a ...

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

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

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

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