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Saks

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.

Brunello Cucinelli Defines 2025 as ‘Record Year,’ to Launch New AI E-commerce Platform

CEO Luca Lisandroni said Morpheus Research's allegations of irregularities in the company's business…

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…

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.

What Saks Global Has Riding on the Holiday Season: A Crucial Moment on Its Path Ahead

The luxury department store company faces a key test in the holiday season that could determine where it goes…

Malo Comes Back to the U.S. With Women’s Capsule at Saks, Neiman Marcus

The luxury Italian cashmere brand has developed a 10-piece womenswear capsule hitting four Saks Fifth Avenue…

Marc Metrick Addresses the Issues at Saks Global, but Sees Progress

The CEO opened up about relations with vendors, inventory flow and sales trends while citing forward-thinking…

EXCLUSIVE: Saks Off 5th Sets Nine Store Closings

The off-price retailer within Saks Global did an extensive review of its store fleet, examining market…

Saks Global Fills Two Key Store Roles

The luxury retailer draws some talent from the ranks of Bloomingdale's.