Saks Global Enterprises is seeking a loan of as much as $1B to keep its business running as the luxury retailer could file ...

Saks is on the brink of bankruptcy after a year of missed payments, vendor pullbacks, and a rescue plan gone awry. Here's how ...

The company missed an interest payment of over $100 million, leading to expectations of an imminent Chapter 11 filing or ...

Just days after the The Wall Street Journal reported that Saks Global is preparing for bankruptcy, having missed a $100 ...

As a Chapter 11 filing reportedly looms, Vogue Business breaks down what happens from here, with brands stuck deciding ...

There are ongoing discussions to potentially stave off a bankruptcy filing, a source with knowledge of the situation told The ...

ICYMI! One major piece of news over the holiday break was the exit of longtime Saks Fifth Avenue executive Marc Metrick, ...

Saks Global said on Jan. 2 that CEO Marc Metrick has stepped down and named executive chairman Richard Baker as his successor ...

After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.

Part of the facade of Saks Fifth Avenue in Manhattan. © Alexandre Fagundes De Fagundes| Dreamstime.com On Friday, Jan. 2, ...

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of ...