Lifestyle
Steve Cross, Longtime Neiman Marcus Men’s Footwear Buyer, Dies at 70
Stephen (Steve) Cross, a longtime men’s footwear buyer at Neiman Marcus, died earlier this week at the age of 70, the company confirmed.…
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Neiman Marcus
Lifestyle
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…
Business
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…
Business
Saks Global Unlocks $500M in Bankruptcy Funding
Saks Global has some dough again — and just in time. The retailer, which filed for bankruptcy late Tuesday and was relying on the good…
Business
The $700M in Market Share ‘Up for Grabs’ in the Saks Global Bankruptcy
Most of the talk around Saks Global’s bankruptcy has centered on the heartache, broken promises and lost money that fashion’s endured —…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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,…
Lifestyle
Bang & Olufsen Opens Largest Store in San Francisco
It seems fitting that luxury audio firm Bang & Olufsen should open a shrine to sound and design in San Francisco, a city known as a hub…
Business
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…
Fashion
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…
Business
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…
Business
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…
Business
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…
Lifestyle
Neiman Marcus Celebrates Brunello Cucinelli
At Neiman Marcus in downtown Dallas last Thursday, it was all about fashion, philanthropy and the ladies who lunch. Neiman’s showcased…