The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns ...

Saks has responded in a no less relatable way: by going deeper into debt. Late on Friday it announced a complex $600mn ...

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

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

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

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 ...

U.S.-based shopping mall owner Simon Property Group has acquired the parking and retail segments of Miami's Brickell City ...

The Tokyo-based designer reflects on his Paris debut, how his sole problem turned into a five decade career and how he’s ...

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

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

Luxury retailer Saks secured a $600 million cash boost from a group of its bondholders, according to a report.. The two-part deal stipulates that the first $300 million will be given right away by ...