Geoffroy van Raemdonck, the new CEO of Saks Global, must grapple with the headaches of a chapter 11 bankruptcy, working with ...
The Chapter 11 bankruptcy filing by Saks Global Enterprises on Jan. 13 has raised questions among shoppers and vendors about ...
Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.
Saks Global, which operates Saks Fifth Avenue and Neiman Marcus, has filed for bankruptcy. The high-end clothing retailer ...
Luxury retail chain Saks Global Enterprises' road to bankruptcy protection was riddled with potholes, including a debt-fueled purchase of Neiman Marcus, stretched middle-income consumers, e-commerce ...
The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...
Saks Global's prime real estate portfolio could serve as a crucial bargaining chip with lenders as the hard-hit luxury ...
As of now, Saks Fifth Avenue (611 5th Avenue) has 70% off designer sale signs around the store. It’s unknown if these sales ...
Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...
Saks Global’s filing indicates an intent to reorganize and reposition itself for future success. The company has assured stakeholders that it will continue to honor customer programs, maintain vendor ...
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...
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