Italian luxury brand Brunello Cucinelli, known for its $3,000 cashmere sweaters, bet big on department stores, a strategy now ...
The big department stores are disappearing, and with them the joy and wonder of shopping in person.
Saks is on the brink of bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's how ...
It’s hard to imagine New York City without the glittering windows of Saks Fifth Avenue, but the unthinkable is now very much ...
Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...
Saks creditors have demanded certain milestones be put in place as part of any financing, the people said. One iteration of a ...
Saks Global is facing potential bankruptcy after missing a $100 million debt payment following its acquisition of Neiman ...
Saks Global races to secure $1B in emergency financing as bankruptcy looms after missing a $100M bond payment linked to its ...
After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.
NEW YORK -- A data breach at department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at the stores. The chains' ...
The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...
Fortune‘s Phil Wahba chronicles the risky dealmaking behind Saks Global’s woes. The big story: How will the U.S. get ...
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