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…
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…
Van Dang Fragrances Expands with Perfume at Neiman Marcus
Van Dang Fragrances is gearing up for retail in tandem with a new category expansion. Coinciding with the launch of seven extraits de parfum priced at $225 each, the brand…
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