Saks to Open Isabel Marant Pop-up at Flagship
Isabel Marant is opening a pop-up shop at Saks Fifth Avenue. The pop-up on the New York flagship’s fifth floor will run for one month beginning Thursday. Marant has sold…
Saks Global Hires Advisors As It Works to Shore Up Liquidity
Saks Global, which told bondholders two weeks ago that it was looking at options to shore up its balance sheet, has brought some heavy-hitting advisers on board to help with…
Luxury Reset and Industry Shake-Up
Any good controversy has two, maybe three players squaring off, repositioning for a future that is usually coming much sooner than later. And then there’s a focal point — some…
Saks Joins Amazon Luxury as Trade War Looms Over Retail
There’s Amazon’s new push into luxury with Saks and then there’s the e-commerce company’s push even higher — literally into space. Amazon’s quarterly updates to Wall Street contain a list…
Saks Global Faces Bondholder Concerns Amid Retail Challenges
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since bondholders have actually loaned a business money,…
Saks Joins Amazon Luxury Stores: A High-end Fashion Breakthrough
Did Saks just help Amazon crack the luxury code? Maybe. The internet’s everything store has been looking to break into high-end fashion for years, but it’s had only limited success…
A Transforming Saks Global Resets the Buying Team
Saks Global, continuing to integrate Saks Fifth Avenue and Neiman Marcus operations and reduce headcount, has formed a “commercial team” of senior-level merchants and fashion executives, WWD has learned. Executives…
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…
Save the Duck Named Outerwear Partner of U.S. Figure Skating Team
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