Former Neiman Marcus CEO Geoffroy van Raemdonck is back in the driver's seat as Saks Global CEO — and he's getting the band ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.

Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.

Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...

The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.

Macy’s isn’t out of the woods, however. Saks and its subsidiaries could still emerge from bankruptcy and give it a run for ...

Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, barely a year after a ...