by Mike Duff | Jan 14, 2026 | Retail Articles
After market speculation that it might seek bankruptcy protection, Saks Global Holdings has filed for Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas, the company announced, adding that it has named Geoffroy van Raemdonck as its new...
by Mike Duff | Jan 2, 2025 | Retail Articles
Saks Global announced it finalized the acquisition of Neiman Marcus Group in a deal with a $2.7 billion enterprise value. Amazon, an investor in Saks Global, will work to innovate on behalf of customers and brand partners at each Saks Global banner, including Neiman...
by Mike Duff | Jul 8, 2024 | Featured News, Retail Articles
HBC, parent company of Saks Fifth Avenue and Hudson’s Bay stores, is getting some help from Amazon in its definitive agreement to acquire Neiman Marcus Group, parent of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. In the wake of...
by Mike Duff | Apr 4, 2022 | Retail Articles
Bergdorf Goodman has promoted Cheryl Han to senior vp of bergdorfgoodman.com and customer strategy and promoted Melissa Xides to senior vp of Bergdorf Goodman stores and brand operations. The Bergdorf promotions come in the aftermath of Neiman Marcus Group’s...
