On Wednesday, the luxury retailer filed for Chapter 11 bankruptcy thanks to ongoing financial struggles following the 2024 ...

Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...

Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, taking over from Richard ...

Buckling under the weight of financial pressures, Saks Global filed for bankruptcy late Tuesday, naming a previous CEO of ...

The huge trucking and logistics company suffers from macroeconomic and industry headwinds that are driving the Great Freight ...

Luxury retail company Saks Global began a bankruptcy process under Chapter 11 in the U.S. Bankruptcy Court for the Southern ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after ...

Saks Global, the parent company of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, filed for bankruptcy, leaving the ...

The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...

The fate of stores operated by Saks Global, parent company of the Dallas-based Neiman Marcus luxury retail chain, is up in ...

A luxury department store has filed for bankruptcy protection, becoming the first major retailer to do so in 2026 as ...

The Chapter 11 filing could lead to store closures and asset sales across the department store chain’s portfolio.