Luxury retailer Saks Global on Friday announced it will operate with a new name after it exited bankruptcy after cutting its store count and reducing its debt obligations. The company – which is the ...
The unsecured creditors committee in the Saks Global bankruptcy is still in the information-gathering stage — and looking to former chief executive officer Marc Metrick for documents related to the ...
Saks Global is racing toward the bankruptcy court exit — and the "new Saks" is coming into sharper focus. The retailer, which filed for bankruptcy on Jan. 13, updated its plan of organization for the ...
NEW YORK (AP) — Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more ...
Investing.com - Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote on a restructuring that would eliminate the company's equity and transfer control to ...
NEW YORK, June 29 (Reuters) - Saks Global emerged from bankruptcy last week with fewer stores and a renewed focus on upscale luxury, as it looks to close a rocky chapter in its storied history. But ...
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June 26 (Reuters) - Luxury retailer Saks Global on Friday emerged from Chapter 11 bankruptcy after nearly five months with less than half of its previous stores and a quarter of its debt. The company, ...
Luxury retailer Saks Global on Friday emerged from Chapter 11 bankruptcy after nearly five months, under a new ownership structure and corporate name and with a smaller store footprint and lower debt.