Saks Global Execs Talk Integrations, Plans and Opportunities

Saks Global’s $2.7 billion takeover of the Neiman Marcus Group hasn’t been easy and has kept many vendors on edge. But in a media briefing Tuesday morning at Bergdorf Goodman,…

Neiman Marcus Leans Into ‘Elegance, Untamed’ for Fall Advertising Campaign

Neiman Marcus is leaning into elegance for its fall campaign. The Dallas-based luxury retailer on Thursday unveiled “Elegance, Untamed,” a collection of images that bring together jewel tones, ornate embellishments,…

Designer Jeffrey Banks’ New Book is All About Storytelling

Decades of being in the fashion industry has given Jeffrey Banks fame and fodder, and soon he will be sharing some of that intel in the new book “Storyteller: Tales…

Saks Global Names Brandy Richardson CFO

Saks Global has named Brandy Richardson as its next chief financial officer, a crucial role in light of the luxury retailer’s recent financial pivots and efforts to assure creditors and…

Saks Faces High-stakes Reset Amid Luxury Retail Challenges

The year since Saks and Neiman Marcus Group cut their landmark $2.7 billion deal has been dominated not by talk of a new luxury retail giant or a modern merchant…

Saks Global Extends NuOrder Partnership to Neiman’s and Bergdorf’s

The Neiman Marcus and Bergdorf Goodman banners of Saks Global have partnered with NuOrder by Lightspeed, a business-to-business digital marketplace connecting retail buyers and vendors in real time. The Saks…

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 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,…

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…