Saks Global Executive Chairman Richard Baker has assumed the additional role of CEO amid reports that the luxury retail company is considering bankruptcy. Get the Full...
Saks Fifth Avenue’s new “hyper-personalized” homepage in its online and mobile app experience has improved conversion by nearly 10% and boosted revenue per visitor by...
Saks Global’s overdue payments problem reportedly continues to plague the department store. Get the Full Story Complete the form to unlock this article and enjoy...
S&P Global Ratings has downgraded its issuer credit rating on Saks Global Enterprises from “CCC+” to “CC,” saying the luxury retailer’s proposed $600 million financing transaction...
A Neiman Marcus store in downtown Dallas is reportedly set to close on March 31 after owner Saks Global received a notice from the landlord...
Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. Get the Full Story Complete the form to...
Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. Get the Full Story Complete...
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...