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When the people bought the bonds they thought they had a lien on the Fifth Avenue store, but if you read the documents ...
After a turbulent period, Saks Global now has $350 million in financing commitments. There’s still a rocky road ahead, ...
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, ...
With a new credit agreement in hand and 2024 results in the books, Metrick told WWD, "We cleared the air and we've cleared ...
The owner of Saks Fifth Avenue said it will shut down Neiman Marcus’s century-old flagship store — just two months after acquiring its longtime luxury rival in a blockbuster merger. The swanky ...
Dallas rallies to save its historic Neiman Marcus flagship store amidst downtown revitalization plans, even ater initial closure announcement.
All that was left was to hang the “Closed” sign in the window of the downtown Dallas Neiman Marcus, as the flagship was set to be sunk by Saks Global. But at 9:45 Friday morning, and again at ...
Saks Global Enterprises told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it ...
Saks Global, which acquired Neiman Marcus Group at the end of last year, is reducing its workforce again. The company is making cuts that address duplicate and overlapping roles, the company said ...
On March 31, Dallas was set to say goodbye to the more than 100-year-old flagship Neiman Marcus. In February, the company’s new owners, Saks Global, announced they were forced to close the ...
Just in the nick of time, Saks Global has announced a detente in the dramatic saga of the historic Neiman Marcus in downtown Dallas. Saks — which finalized its acquisition of Neiman Marcus Group in ...
Saks Global announced in December that it had finalized its acquisition of Neiman Marcus Group for an enterprise value of $2.7 billion. The company is also cutting over 400 workers in a ...