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…
Tag
Saks Fifth Avenue
Business
Saks Chapter 11: How It Plays Out for Vendors
Saks Global vendors looking to get their money back on unpaid invoices shouldn’t get their hopes up. They might recover a small percent of…
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
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
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
Legal Battle Between Saks Global and Yumi Shin Rages On
The legal battle between former Bergdorf Goodman chief merchant Yumi Shin and Saks Global continues to rage on, with new twists and turns…
Lifestyle
Stone Island Makes North American Retail Push in Time for the Holidays
AMERICAN TRIP: Stone Island continues to roll out new stores in North America, reflecting its commitment to the market. Following up on…
Lifestyle
Saks Fifth Avenue Foundation Steps Up Again for Mental Health
When it comes to mental health, there’s no need to go it alone. That’s true both for people who are struggling and for the philanthropic…
Lifestyle
American Express Reveals New Platinum Card Retail and Wellness Benefits, Revamps Amex App
With the launch of its refreshed American Express Platinum card, the card company has also revealed a slew of new benefits for its U.S.…
Lifestyle
Saks Fifth Avenue’s Fall Campaign Stars Paloma Elsesser and Camille Row
Saks Fifth Avenue is unveiling its fall 2025 campaign featuring Paloma Elsesser and Camille Rowe and photographed by Angelo Pennetta. The…
Business
Standard & Poor’s Downgrades Saks Global
Standard & Poor’s, in a move that was largely expected, on Friday downgraded Saks Global. The ratings agency downgraded Saks Global to…
Business
Saks Global Cuts 90 Positions in Latest Cost Reduction Maneuver
Saks Global triggered another round of layoffs this week, giving pink slips to 90 employees within the luxury retailer’s commercial…
News
Luxury’s Angst Spells Opportunity for Off-price
“Right now there is a overabundance of excess inventory — every place — like I’ve never seen in my career.” So says Tom Ott, former Saks…
Culture
Monique Billings Talks WNBA Off-court Style, Love for Tyra Banks and More
For the first three years of Monique Billings’ WNBA career, walking onto the basketball court in sweatpants was the norm. But going into…
Business
Saks Fifth Avenue’s Latest AI Venture: A Virtual Voice Assistant Called Sophie
Saks Fifth Avenue is getting deeper into AI. The luxury retailer has partnered with two tech companies, NLX and Amazon Web Services, to…
Fashion
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…
Lifestyle
Saks Global Update: What’s on the Minds of Vendors
It’s almost like vendors and Saks Global have called a truce — whether it’s temporary or permanent remains to be seen, depending on how…
Business
Saks Connections: Luxury Reset and Industry Shake-up
Any good controversy has two, maybe three players squaring off, repositioning for a future that is usually coming much sooner than later.…
Business
Saks Arrived on Amazon, the Trade War Is Still on Its Way
There’s Amazon’s new push into luxury with Saks and then there’s the e-commerce company’s push even higher — literally into space.…
Business
Saks Bondholders Prove to Be a Tough Sell
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since…
Business
Saks Joins Amazon in Designer Fashion Breakthrough
Did Saks just help Amazon crack the luxury code? Maybe. The internet’s everything store has been looking to break into high-end fashion…
Business
EXCLUSIVE: Unpacking the Saks Global Plan to ‘Reset’ the Luxury Experience
In February, Saks Global said it had a master plan to “reset” the luxury experience, but offered few specifics. What it did lay out were a…
Lifestyle
New York’s Fifth Avenue Named World’s Most Expensive Retail Location by Savills
LONDON – Fifth Avenue in New York is the most expensive retail location worldwide, according to new research from Savills, which has…
Business
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
Authentic Luxury Group is on the verge of making its first acquisition. Last October, Saks Global, owner of Saks Fifth Avenue and Neiman…