After graduating from Sri Lanka’s University of Kelaniya with a Bachelor of Arts in English and Literature, Tharuvi Nanayakkarawasam was eager to start her career and make her mark on the professional ...

Saks Global, which owns luxury brand Saks Fifth Avenue and its discounted division Saks Off Fifth, is announced a series of leadership changes and a bankruptcy filing, leaving consumers wondering if ...

Saks Global’s chief executive is stepping down from the helm of the struggling luxury retailer ahead of an expected bankruptcy filing that could come within days. Marc Metrick, who led Saks Fifth ...

Saks Global, the parent company behind luxury department stores Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman is filing for Chapter 11 bankruptcy after running out of cash. Two Republicans ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. By Kim Bhasin Vanessa Friedman and Lauren Hirsch Saks Global, the company ...

Luxury retail chain Saks Global is trying to line up bankruptcy financing to pay its bills during a potential Chapter 11 filing, but investors have shown little interest, people familiar with the ...

Saks Global CEO Marc Metrick is stepping down amid reports that the company, which owns luxury department store chains including Saks Fifth Avenue and Neiman Marcus, is preparing to file for ...

It’s the end of an era, some might say. 2026 might be the beginning of the end for some of New York City’s most beloved luxury department stores. As of Wednesday, Saks Global, the parent company of ...

Answers to this and other questions about the financial crisis in America’s biggest luxury department store. By Vanessa Friedman and Jacob Bernstein On Wednesday Saks Global, the parent company of ...

Saks’ parent company, Saks Global Enterprises, filed for Chapter 11 bankruptcy protection Tuesday in the U.S. Bankruptcy Court for the Southern District of Texas after missing a $100 million interest ...

Saks Global CEO Marc Metrick has stepped down after 30 years with the retailer, the company announced on Friday. Richard Baker is taking over the role, in addition to his current role as executive ...