Neiman Marcus
Saks Global Secures $500M in Financing, Expects to Exit Bankruptcy This Summer
The luxury retailer is progressing through its court-supervised restructuring and positioning to reemerge…
How Saks Global’s Business Started to Wake Up in Bankruptcy
The retailer began to come back to life as DIP funding and court supervision gave vendors more confidence in…
Surprise Reversal: Neiman’s in White Plains, Saks in Sarasota and Palm Desert to Stay Open
Saks Global said there are no plans to reconsider additional announced closures at this time.
WWD Recommends
Who Was Saks Global Paying Before the Bankruptcy?
The luxury retailer paid out $1.4 billion to creditors in the three months before succumbing to Chapter 11 in…
Saks Global CEO Pay, Past and Present
Current CEO Geoffroy van Raemdonck received an $8.5 million sign-on payment when he stepped in to stabilize…
Leaders of the Four Global Fashion Organizations Urge Saks Global CEO to Support Payments to Emerging and Young Designers During Restructuring
They have sent a letter to CEO Geoffroy van Raemdonck stressing that the ongoing strength of the fashion…
Saks Global Unlocks Access to Another $300M in Bankruptcy Funding
Bondholders gave their thumbs up to the luxury retailer's five-year business plan.
EXCLUSIVE: Navigating the Saks Global Bankruptcy — the Roadmap Ahead
CEO Geoffroy van Raemdonck details progress in the Chapter 11 proceedings, what to expect in the coming…
Saks Global Sets Second Wave of Luxury Store Closings
Since filing Chapter 11 bankruptcy on Jan. 13, the retailer has revealed plans to close 20 Saks Fifth Avenue…
EXCLUSIVE: Saks Global Names Women’s Apparel Leader
The luxury retailer tapped Amy Raimondi, a 20-year Saks Fifth Avenue veteran, to oversee a crucial buying…
Saks Global Receives Final Approval on Bankruptcy Funding
With the DIP financing locked in, the retailer expects to pay $330 million to vendors over the next two…
Steve Cross, Longtime Neiman Marcus Men’s Footwear Buyer, Dies at 70
Cross started his career at Neiman Marcus in 1981.
Brunello Cucinelli Talks Saks Global, Reports Strong 2025 Growth
The Italian luxury brand exceeded financial expectations in 2025, driven by robust sales across key regions…
NYFW Retail Wrap-up: Leather, Shearling and Polished Looks Entice Retailers for Fall
Lots of great outerwear, muted browns, fringe and layering were pervasive on the New York runways.
How Simon Will Redevelop the Neiman Marcus Space in Boston’s Copley Place
On Tuesday, bankrupt Saks Global said the Neiman's in Boston's Copley Place will be among its luxury store…