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…

Must Read: Addison Rae Covers 'Elle', Saks Global To Close Fulfillment Center and Cut 450 Jobs

Addison Rae for Elle‘s May 2025 Women in Music cover. Photo: Ellen Von Unwerth/Courtesy of Elle  View the 2 images of this gallery on the original article These are the stories…