The owner of Saks Fifth Avenue and Neiman Marcus is in discussions with creditors about financing for a forthcoming chapter ...
Executives at Saks Global have signaled plans to shore up cash by offloading stores or raising emergency financing.
Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...
Saks Global is considering restructuring after being weighed down by debt from its $2.7B deal to acquire Neiman Marcus in ...
Unnamed sources with knowledge of the matter told Bloomberg Saks was considering filing for Chapter 11 bankruptcy as a last ...
The department store conglomerate says it’s “exploring all potential paths” toward stability but insists the luxury market is ...
The retailer has raised money through sale-leaseback deals in Beverly Hills and San Francisco, but sources wonder if they’ll ...
Saks Global Enterprises, the cash-strapped retailer, skipped an interest payment to bondholders totalling more than US$100 million that was due Tuesday as it looks to negotiate a deal with creditors, ...
The company is facing limited options ahead of a more than $100 million debt payment due at the end of this month.
The only sticking point may be a vertical garden that commission members want changed, but the Garden Club plans to keep the ...
Suhail Kwatra, self-styled “Fashion Whisperer of Boston,” accused by the son of Wendy Appel of abusing his position as her ...
Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus ...
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