The luxury retail conglomerate said it would be profitable in three years and that, starting next fiscal year, revenue growth ...
The luxury retailer is now cutting corporate staff after more than 1,200 layoffs earlier this year tied to store closures.
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, is slashing 16 percent of its corporate workforce as ...
By Dietrich Knauth NEW YORK, May 1 (Reuters) - Saks Global received court approval on Friday to send its bankruptcy plan to ...
Saks Global said it would close more Saks Fifth Avenue and Neiman Marcus stores as it navigates bankruptcy.
According to the San Antonio Business Journal, Cavender's has signed a deal for the former Saks OFF 5TH box and will run the ...
Columbus was one of 20 Saks Fifth Avenue stores set to close nationwide. It was on a list of eight announced in February.
Saks may exit bankruptcy with new owners and a smaller store base. Can it win back luxury shoppers and revive ...
A recent court filing updated the membership and holdings of the ad hoc group of lenders that gave the company a lifeline to ...
The cuts represent 16% of the luxury retailer's corporate workforce but less than 4% of its roughly 17,000 total employees ...
Feb 20 (Reuters) - A U.S. bankruptcy judge on Friday ⁠gave ⁠final approval to Saks Global's bankruptcy financing, ⁠which provides $1 billion in new funding to the company, after Saks reached deals ...
The downsizing impacts about 640 workers, representing 16 percent of the company's corporate workforce, but just under 4 ...