The first $300 million will be given right away by investors who hold just over half of Saks’ $2.2 billion in high-interest ...

Owner of Saks Fifth Avenue and Neiman Marcus is expected to ask bondholders excluded from the financing to take a haircut.

As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new ...

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing investors that would force some ...

Just as embattled Saks Global Enterprises faces the first interest payment on debt it incurred to buy rival Neiman Marcus ...

Larry Bruce, who was at Neiman Marcus for nearly a decade before jumping to Saks Fifth Avenue in 2003, is leaving the luxury ...

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing investors that would force some creditors to accept losses and push them back in the repayment priority line.

FedEx announced a new board chairman following the death of Fred Smith, as R. Brad Martin, a businessman with a long history ...

Saks Fifth Avenue returns to Pittsburgh with a personal shopping club at the Fairmont hotel, offering curated merchandise and ...

Just as embattled Saks Global Enterprises faces the first interest payment on debt it incurred to buy rival Neiman Marcus ...

Owner of Saks Fifth Avenue and Neiman Marcus is expected to ask bondholders excluded from the financing to take a haircut. By Soma Biswas and Suzanne Kapner. June 27, 2025 6:14 pm ET | WSJ Pro.