Where Are Saks Global’s Beauty Shoppers – and Brands – Going?
The race for the luxury beauty shopper — in New York, and throughout the U.S. — is on. With Saks Global’s Chapter 11 filings encompassing Saks Fifth Avenue, Neiman Marcus and Bergdorf…
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Neiman Marcus
Saks Global’s Complex Road Ahead Through Bankruptcy Court
The hardest part might be over for Saks Global — but the work of rebuilding has just begun. When the luxury department store group filed for Chapter 11 bankruptcy last week and former…
Saks Global Unlocks $500M in Bankruptcy Funding
Updated 8:43 p.m. ET Jan. 16 Saks Global has some dough again — and just in time. The retailer, which filed for bankruptcy late Tuesday and was relying on the good graces of its…
The Bricks-and-mortar Ruling the Saks Global Bankruptcy
There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into insolvency late Tuesday. True, stores have had to…
Amazon Seeks to Delay Saks Global’s DIP Financing
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been working to build in luxury for years, was once a key…
Can Saks Global Be Fixed?
Geoffroy van Raemdonck and team are on a rescue mission. And they’re going to have to move fast and step right if they want to succeed in pushing Saks Global not just through bankruptcy,…
U.S. Vendors Express Relief and Optimism as Saks Global Restructures Under New Leadership
Vendors let out a sigh of relief Wednesday following the long-awaited bankruptcy of Saks Global, and were glad that there’s finally a sense of direction going forward. Of course, they’re…
Inside Saks Global’s Bankruptcy Filing: Christian Louboutin Is Owed $21.6 Million, Jimmy Choo Parent Capri’s Tally Is $33.3 Million
The world’s biggest footwear players are among the largest unsecured creditors in Saks Global’s Chapter 11 bankruptcy. After weeks of intense speculation and many twists and turns, the…
Saks Global Files for Chapter 11 Bankruptcy
Saks Global’s high-wire financial act is finally over. The company, which just over a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday —…
Saks Global’s Race Into Bankruptcy Reaches Final Stages as Former Neiman’s CEO Seen Playing Key Role
Saks Global’s race to the courthouse has come down to the wire. The fashion industry has been on pins and needles waiting for the parent of Saks Fifth Avenue, Neiman Marcus and Bergdorf…
Dramatic Downsizing of the Saks Global Store Fleet Seen in a Bankruptcy
A Saks Global bankruptcy filing is expected by early-to-mid next week, with the struggling luxury retailer submitting a reorganization plan involving scores of store closures across the…
Amazon Won’t Bail Saks Global Out Anytime Soon: Source
Saks Global’s potential path into the future might be narrowing. While industry dealmakers said earlier this week that the retailer was in talks with Amazon as it races to fix its…
Hilldun’s Gary Wassner Tells His Clients: Do Not Ship Saks Global
Gary Wassner, the chief executive officer of Hilldun Corp., the factoring and finance company, wrote to his clients Tuesday afternoon that it still can’t approve Saks Global orders at this…
Saks Global Faces Key Interest Payment
Saks Global’s make-or-break moment has come. The struggling luxury department store company has a more than $100 million interest payment due on Tuesday, which is necessary to keep it…
Hilldun Keeps Pause on Saks Global Orders Until After Christmas at Least
Hilldun Corp.’s pause on Saks Global orders is going to drag on past Christmas. “I am anxious to begin approving orders,” Gary Wassner, chief executive officer of Hilldun, told WWD on…
Saks Global Falls Behind With Factor Hilldun Corp.
Saks Global is playing the waiting game again. The retailer — which has been on the hot seat for slow and past-due payments to vendors for more than a year — finds itself at least…
Ashley Park, Penn Badgley and More Headlined 2025 Fashion Island’s Event
Earlier this October, StyleWeekOC held its 14th annual event — merging together the worlds of fashion and cinema, in partnership with Newport Beach Film Festival (NBFF) for the second year…
What Saks Global Has Riding on the Holiday Season: A Crucial Moment on Its Path Ahead
The holiday season is always make or break in retail — but that goes doubly so for Saks Global this year. The retailer closed on its $2.7 billion deal to buy Neiman Marcus Group just two…
Malo Comes Back to the U.S. With Women’s Capsule at Saks, Neiman Marcus
MILAN — Luxury Italian cashmere brand Malo is coming back Stateside, courtesy of an exclusive partnership with Saks Global. Less than eight months after Glickman Capital — led by…
Eva Longoria Embraces Timeless Black-on-black Style at Neiman Marcus’ 2025 Fantasy Gifts Launch
Eva Longoria went for monochrome power dressing at the Neiman Marcus holiday campaign and 2025 fantasy gifts launch party on Tuesday night in Los Angeles. The actress and “Flamin’ Hot”…
Longtime Saks Shoe Force Will Cooper Is Exiting the Company
Saks veteran Will Cooper is exiting the company after two decades. A Saks Global spokesperson confirmed the move late Wednesday, noting that it was Cooper’s decision. He was most recently…
Progress Report: Saks Global Execs Talk Integrations, Plans and Opportunities
Saks Global’s $2.7 billion takeover of the Neiman Marcus Group hasn’t been easy and has kept many vendors on edge. But in a media briefing Tuesday morning at Bergdorf Goodman, Marc…
EXCLUSIVE: Saks Global Names Brandy Richardson CFO
Saks Global has named Brandy Richardson as its next chief financial officer, a crucial role in light of the luxury retailer’s recent financial pivots and efforts to assure creditors and…
From Sex Clubs to Castles, Latex to Upcycling, Berlin Fashion Week Had Something for Everyone
BERLIN — There was something for everyone at this season’s four-day iteration of Berlin Fashion Week, which ended last Thursday. The offerings included ingenious ideas by recent graduates…