The luxury retail giant is advancing its restructuring efforts following strong operational improvements and the resumption ...

Saks Global secured a $500 million financing commitment from capital partners, and the luxury retailer plans to emerge from ...

Saks Global has secured $500 million in exit financing from an ad hoc group of its senior secured bondholders.

The agreement with bondholders is an  “important milestone,” Saks Global chief executive Geoffroy van Raemdonck said.

The luxury department store retailer has boosted inventory receipts, with more than 650 brands shipping merchandise, up from 500 a month ago.

Saks Fifth Avenue has secured half a billion dollars in financing to stabilize its balance sheet for when it emerges from ...

Saks Global is one step closer to exiting bankruptcy. The company announced on Wednesday that it has entered into a ...

Saks Global secures $500M exit financing, aims to emerge from bankruptcy this summer with a stronger foundation and focus on ...

Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it shutters more than a dozen locations nationwide following its bankruptcy filing ...

Saks Global Inc. said Friday it will close 12 more Saks Fifth Avenue stores and three more Neiman Marcus stores. The ...

A U.S. bankruptcy judge today gave final approval to Saks Global’s bankruptcy financing, which provides $1 billion in new funding to the company, after Saks reached deals with luxury brand vendors ...