Saks Fifth Ave
Saks Global Triggers Corporate Layoffs
The downsizing impacts about 640 workers, representing 16 percent of the company's corporate workforce, but…
The Saks Global Lenders in Line to Potentially Own the Retailer After Bankruptcy
A recent court filing updated the membership and holdings of the ad hoc group of lenders that gave the…
U.S. Corporate Bankruptcies Rise in March
The 10 largest U.S. corporate bankruptcies to date in 2026 include two fashion companies, Eddie Bauer LLC and…
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Saks Global Execs: ‘We’re Making Progress With Vendors’
New funding supports day-to-day operations, fuels a renewed flow of goods and gives hope, but no guarantee…
Saks Global Receives Final Approval on Bankruptcy Funding
With the DIP financing locked in, the retailer expects to pay $330 million to vendors over the next two…
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.
Progress Report: Saks Global Execs Talk Integrations, Plans and Opportunities
Growth with Amazon overseas, reducing over-assortments, reviving the Saks flagship's holiday light show, and…
Saks Completes $600M Financing Early, 98% of Debt Holders Sign on to Exchange
While the company looks forward to focusing on integrating Neiman Marcus, the controversial exchange might…
After a Year of High-stakes Financing, Saks Turns Back to High-stakes Retailing
The luxury department store has access to the funds it needs to operate now; the question is how well it will…
Saks Global Update: What’s on the Minds of Vendors
The mood cloaking Saks Global has somewhat lightened up as vendors previously unpaid begin to receive…
Saks Secures $350M in Financing to ‘Fortify’ Balance Sheet
The retailer gained a little breathing room as it faces a key interest payment and looks to reset the luxury…
Saks Fifth Avenue Brand Heads to Costco: Sources
Sources said the warehouse club will be carrying men's apparel with the Saks Fifth Avenue label in the coming…
Saks Global Hires Advisers as It Works to Shore Up Liquidity
The retailer has brought both financial and legal advisers on board and is said to be ready to make its $120…
Saks CEO Reassures Bondholders, Says Company Has $350M to $400M of Liquidity
Metrick said the new Saks approach is coming together even as the company looks for a little extra cushioning…
Hudson’s Bay Extends Liquidation to Entire Fleet
Canada's venerable retailer suffered from too much debt, failure to pay bills and insufficient investment in…