Neiman Marcus
Richard Baker Exiting Saks Global as Bankruptcy Looms: Sources
As talk turns to a new leadership team, the company plans to file no later than midweek with $1 billion in…
Dramatic Downsizing of the Saks Global Store Fleet Seen in a Bankruptcy
A Chapter 11 bankruptcy plan enables the retailer to void leases and quickly close stores.
Amazon Won’t Bail Saks Global Out Anytime Soon: Source
The e-commerce giant has been widely rumored to be in talks with Saks Global, but a source familiar with the…
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Hilldun’s Gary Wassner Tells His Clients: Do Not Ship Saks Global
Wassner said his factoring company hasn't received a payment from Saks Global since Dec. 19.
How a Saks Global Bankruptcy Would Hit Fashion Brands
With speculation flying that the luxury retailer could file for Chapter 11, attorneys lay out what might come…
How a Saks Global Bankruptcy Would Hit Fashion Brands
With speculation flying that the luxury retailer could file for Chapter 11, attorneys lay out what might come…
Saks Global Said Weighing Options as Richard Baker Takes the Reins
As CEO Marc Metrick exits, sources said the company is looking at several alternatives, including a bailout…
Saks Global Faces Key Interest Payment
The retailer has raised money through sale-leaseback deals in Beverly Hills and San Francisco, but sources…
Saks Global Faces Key Interest Payment
The retailer has raised money through sale-leaseback deals in Beverly Hills and San Francisco, but sources…
Saks Global ‘Exploring All Potential Paths’ On Anniversary of Neiman Marcus Deal
The company has been looking at options to bolster its finances, including the potential sale of a stake in…
Hilldun Keeps Pause on Saks Global Orders Until After Christmas at Least
The fashion factor stopped approving new orders to Saks and Neiman Marcus this month after the retailer…
How Saks Global Got Into Its Mess
Weak sales trends, heavy debt and a soft luxury sector all hurt the business.
Bang & Olufsen Opens Largest Store in San Francisco
On Thursday, the Danish luxury audio firm will introduce the City by the Bay to its new sound and design…
Saks Global Falls Behind With Factor Hilldun Corp.
Hilldun CEO Gary Wassner said the retailer missed a couple of weeks of payments, but could receive approvals…
Jovani Fashion Takes Saks to Court Over $295K in Late Payments
The dressmaker is suing the retailer to try to secure payments due on goods shipped this year.