News

When the people bought the bonds they thought they had a lien on the Fifth Avenue store, but if you read the documents ...
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, ...
The reinvention at Saks Global might be about to touch the Bergdorf Goodman business. Sources said the company has had ...
After a turbulent period, Saks Global now has $350 million in financing commitments. There’s still a rocky road ahead, ...
Pathlight says Saks owes it $8.8 million, while Saks claims the lender refused to support Hudson's Bay and it slipped into ...
Saks Global Enterprises told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it ...
Saks Global Enterprises LLC (the "Company") today shared progress against its previously announced measures to strengthen its balance sheet and support its long-term growth.
Saks Global accuses lender Pathlight Capital of contributing to Hudson’s Bay’s liquidation, as legal disputes unfold amid ...
The top executive at Saks Global (New York) said the luxury retailer will slash 500 to 600 brands that no longer fit its portfolio, according to Women’s Wear Daily. That figure is roughly in line with ...
Saks Global — which operates both Saks Fifth Avenue and Neiman Marcus — is laying off hundreds of workers this week as part of an effort to consolidate operations as the retailers come ...
Mark Faithfull is London-based and covers retail and real estate Saks Global and Authentic Brands Group are looking to diversify their partnership into retail, hospitality and events as they seek ...
Saks Global has picked up $350 million in financing commitments from SLR Credit Solutions, including a $300 million first-in, last-out facility and a $50 million secured term loan facility ...