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…
Tag
Saks
Business
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is…
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,…
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…
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…
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
EXCLUSIVE: Saks Off 5th Sets Nine Store Closings
Saks Off 5th, the off-price retailer within Saks Global, will close nine of its 79 locations beginning in January, WWD has learned. The…
Lifestyle
LaPointe Releases 15th Anniversary Reedition Collection With Saks Fifth Avenue and Neiman Marcus
LaPointe, a color-driven luxury fashion brand, has launched an exclusive reedition collection with Saks Fifth Avenue and Neiman Marcus in…
News
Saks Global Fills Two Key Store Roles
Saks Global has just filled two crucial store positions. Matt Dunphyhas been named senior vice president of store growth and experiences…
News
Nigel Curtiss Lands at Bergdorf Goodman
Nigel Curtiss is breaking into wholesale. The veteran designer, who started his career in 1984 at Comme des Garçons and has since designed…
Business
Saks Global Reorganizes Top Management, Emily Essner Leaving
In a stunning shakeup, Saks Global has reorganized its top management to cut costs, improve relations with brands and vendors, positioning…
Lifestyle
Shoes for a Cure Kicks Off Big Week in New York With Intimate Saks Cocktail
After a high-energy weekend of events in Miami, Shoes for a Cure was back in the Big Apple on Tuesday evening for an intimate cocktail at…
News
Bloomingdale’s Names James Newell Men’s GMM
Musical chairs isn’t just for creative directors at luxury European fashion houses, retailers are also playing the game. The latest is…
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
Saks Fifth Avenue’s Friends & Family Sale Is Officially Live — Here Are the Fall Styles Our Editors Added to Cart
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. Shop…
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
Saks Off 5th Vacating 57th Street
Saks Off 5th, the off-price division of Saks Global, is vacating its 57th Street location in Manhattan, WWD has learned. Sources said the…
Business
Progress Report: Saks Global Execs Talk Integrations, Plans and Opportunities
Saks Global’s $2.7 billion takeover of the Neiman Marcus Group hasn’t been easy and has kept many vendors on edge. But in a media briefing…
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
EXCLUSIVE: Emily Nahas to Head Saks Global E-commerce
Saks Global has appointed Emily Nahas senior vice president of e-commerce, a broad role in which she will oversee saks.com,…
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…
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…