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Steve Cross, Longtime Neiman Marcus Men’s Footwear Buyer, Dies at 70
Stephen (Steve) Cross, a longtime men’s footwear buyer at Neiman Marcus, died earlier this week at the age of 70, the company confirmed.…
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Neiman Marcus
Business
Saks Global Unlocks $500M in Bankruptcy Funding
Saks Global has some dough again — and just in time. The retailer, which filed for bankruptcy late Tuesday and was relying on the good…
Business
The $700M in Market Share ‘Up for Grabs’ in the Saks Global Bankruptcy
Most of the talk around Saks Global’s bankruptcy has centered on the heartache, broken promises and lost money that fashion’s endured —…
Business
The Bricks-and-mortar Ruling the Saks Global Bankruptcy
There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into…
Business
Amazon Seeks to Delay Saks Global’s DIP Financing
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been…
Business
Can Saks Global Be Fixed?
Geoffroy van Raemdonck and team are on a rescue mission. And they’re going to have to move fast and step right if they want to succeed in…
Business
Saks Global Files for Chapter 11 Bankruptcy
Saks Global’s high-wire financial act is finally over. The company, which just over a year ago bought Neiman Marcus Group for $2.7…
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Bang & Olufsen Opens Largest Store in San Francisco
It seems fitting that luxury audio firm Bang & Olufsen should open a shrine to sound and design in San Francisco, a city known as a hub…
Fashion
Ashley Park, Penn Badgley and More Headlined 2025 Fashion Island’s Event
Earlier this October, StyleWeekOC held its 14th annual event — merging together the worlds of fashion and cinema, in partnership with…
Business
Malo Comes Back to the U.S. With Women’s Capsule at Saks, Neiman Marcus
MILAN — Luxury Italian cashmere brand Malo is coming back Stateside, courtesy of an exclusive partnership with Saks Global. Less than…
Business
Longtime Saks Shoe Force Will Cooper Is Exiting the Company
Saks veteran Will Cooper is exiting the company after two decades. A Saks Global spokesperson confirmed the move late Wednesday, noting…
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Saks Global Update: What’s on the Minds of Vendors
It’s almost like vendors and Saks Global have called a truce — whether it’s temporary or permanent remains to be seen, depending on how…
Business
Saks Global’s ‘Tight Liquidity’ Has S&P Reconsidering Its Credit Rating
Standard & Poor’s has Saks Global under the credit microscope. The debt watchdog put the luxury retailer’s “CCC-plus” rating on…
Business
Saks Bondholders Prove to Be a Tough Sell
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since…
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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”…
Beauty
Van Dang Fragrances Primes for Retail Expansions
Van Dang Fragrances is gearing up for retail in tandem with a new category expansion. Coinciding with the launch of seven extraits de…
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Neiman’s Dallas Flagship to Stay Open — at Least Through Holiday 2025
In a surprising, eleventh-hour reversal, Saks Global has decided to keep its historic Neiman Marcus flagship in downtown Dallas open at…
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Saks Global Stays Firm on Its Decision to Close Neiman’s Downtown Dallas Flagship.
Saks Global is doubling down on its decision to close the historic Neiman Marcus flagship in downtown Dallas. Last week, Saks officials…
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Will the Neiman Marcus Flagship in Dallas Survive After All?
Dallas city leaders said Wednesday they reached a deal that could keep the downtown Neiman Marcus flagship open. The deal involves the…
Business
Saks Global Is Cutting 5 Percent of Its Corporate Workforce
Saks Global is cutting 5 percent of its corporate workforce, or just under 150 staffers, WWD has learned. The cutback is part of the…
Fashion
Neiman Marcus Serves Up Food and Fashion in Café Society Spring Campaign
The worlds of food and fashion collide in Neiman Marcus‘ spring ad campaign. Dubbed Café Society, the campaign celebrates the synergy…