Latest News for: neiman marcus

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Saks, Neiman Marcus look for path forward after ‘disaster’ merger

Honolulu Star-Advertiser 16 Jan 2026
The much-touted corporate ...
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Saks Global Files For Bankruptcy After Neiman Marcus Takeover Leads To Financial Collapse

Huffington Post 15 Jan 2026
A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the COVID pandemic ... .
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Saks, Neiman Marcus look for path forward with bankruptcy, after ‘disaster’ merger

The Daily Gazette 15 Jan 2026
The much-touted corporate marriage between Saks and ...
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Saks, Neiman Marcus owner seeks protection

Calhoun Times 15 Jan 2026
The owner of Saks Fifth Avenue sought bankruptcy protection this week, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a year ago ....
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How Saks's acquisition of Neiman Marcus plunged the company into bankruptcy: 'Recipe for disaster'

CNBC 15 Jan 2026
Saks used $2.2 billion in junk bonds to buy Neiman Marcus, but didn't have enough money left over to pay vendors, which led the company to declare bankruptcy ... .
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Saks Fifth Avenue, Neiman Marcus owner files for bankruptcy; Long Island stores stay open — ...

Newsday 15 Jan 2026
The New York City-based company owns Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow ... Marcus last year and saw CEO Marc Metrick step down earlier this month.
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Saks Global files for Chapter 11, Downtown Dallas Neiman Marcus remains open

NBC News 14 Jan 2026
Saks Global officially filed for Chapter 11 bankruptcy protection ... .
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Saks Global Files for Bankruptcy Protection a Year After Neiman Marcus Deal

The Epoch Times 14 Jan 2026
The acquisition of the Neiman Marcus Group, finalized in December 2024, brought some of the most recognizable names in luxury retail, including Saks Fifth ...
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Saks Global files for bankruptcy after Neiman Marcus takeover

Star Advertiser 14 Jan 2026
... Avenue, Bergdorf Goodman and Neiman Marcus under the same roof.
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Saks declares bankruptcy a year after doomed Neiman Marcus merger

northjersey.com 14 Jan 2026
Saks Global’s move comes a year after it bought out rival chain Neiman Marcus in a move that saddled Saks with $2 billion in debt ... "They don’t need to go to a Neiman Marcus to buy a Louis Vuitton handbag.
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Saks Global bankruptcy: Store closure update and what’s next for Saks Fifth Avenue and Neiman Marcus

Fast Company 14 Jan 2026
Its debt burden increased after Saks’s previous parent company, Hudson’s Bay, acquired competitor Neiman Marcus for around $2.7 billion in 2024 ... Are Saks and Neiman Marcus stores still open?.
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Former Neiman Marcus CEO to get hefty signing bonus to lead Saks through bankruptcy: source

New York Post 14 Jan 2026
The owner of Saks and Neiman Marcus was expected to file for bankruptcy early Wednesday — and is handing the former CEO of Neiman Marcus a massive signing bonus to supervise the luxury giant’s reorganization, The Post has learned.
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Former Neiman Marcus Chief Is Picked to Lead Saks Through Bankruptcy

Wall Street Journal 13 Jan 2026
Geoffroy van Raemdonck steered Neiman Marcus through its own chapter 11 proceedings before selling the luxury retailer to Saks in 2024 ... .
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Neiman Marcus parent sells its Beverly Hills site

Hastings Tribune 31 Dec 2025
LOS ANGELES — The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to pay debts ... .
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Neiman Marcus parent sells its Beverly Hills property

The Los Angeles Times 30 Dec 2025
We remain committed to serving our loyal Beverly Hills customers.” Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus, Saks Off 5th and Bergdorf Goodman, sold the Beverly Hills Neiman Marcus building for an undisclosed price.

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