Saks Faces $8.8M Suit Amid Neiman Marcus Acquisition Challenges
Saks Global has fallen out with Pathlight Capital, which helped clear the way for the luxury retailer’s $2.7 billion acquisition of Neiman Marcus last year, but has now sued the…
Saks Global Cuts 550 Jobs Amid Neiman Marcus Consolidation Efforts
Updated April 22 2:18 P.M. ET Saks Global — which operates both Saks Fifth Avenue and Neiman Marcus — is laying off hundreds of workers this week as part of…