Global asset ​management firm GoldenTree will ‌buy a chunk of a $1 billion bankruptcy financing for luxury retailer Saks ...

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

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

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

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

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

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

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

Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...