Saks Global filed for Chapter 11 bankruptcy on Jan. 13. Geoffroy van Raemdonck was hired to repair vendor relationships.

The agreement comes two weeks after Luminar accused its billionaire founder of dodging information requests, as it evaluates potential legal claims.

Global asset management firm GoldenTree will buy a chunk ​of a $1 billion bankruptcy financing for luxury retailer ‌Saks ...

The end of an era! Women's clothing retailer Francesca's is reportedly closing all of its doors, according to multiple ...

Mall-based fashion retailers have battled financial distress, leading to store closings and bankruptcy filings over the last ...

Luxury moves from department stores to experience economies; Saks falters while Belmont, Bal Harbour and brand theatre take ...

Sailormen Inc., a Miami-based Popeyes franchisee with more than 130 restaurants in its portfolio, has filed for Chapter 11 ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

This time, the job is twice as big. On Tuesday, Van Raemdonck was appointed CEO of Saks Global, the same day as the luxury department store giant, which includes Neiman Marcus Group (and its Bergdorf ...

Saks officials said the company has secured a financing commitment of approximately $1.75 billion that will enable it to keep ...

The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, ...

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...