The former Saks stylist claims the fraud allegations were part of a “vindictive and unlawful scheme” to tank his reputation and career.

NEW YORK, Jan 8 (Reuters) - The $2.7-billion marriage of Saks and Neiman Marcus was meant ‌to create ​a powerhouse in the ...

According to data from Law.com Radar, Saks Global has been hit by at least 13 lawsuits in the last year, with complaints ...

While analysts ​cite inventory missteps and acquisition-related debt as key factors, they say Saks' plight reflects a deeper ...

NEW YORK – Saks Global Enterprises, facing limited options ahead of a more than US$100 million (S$129 million) debt payment due at the end of December, is considering Chapter 11 bankruptcy as a last ...

Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.

An illustration of a magnifying glass. An illustration of a magnifying glass.

A stylist to some of America’s wealthiest shoppers has been charged with stealing more than $400,000 through fraudulent returns, according to multiple reports. Over more than 20 years, Suhail Kwatra, ...

Saks Global Enterprises ’ debt has sunk to new lows in recent days as the luxury retailer faces a more than $100 million interest payment deadline at the end of the month amid sales declines and ...

A prominent stylist for Saks Fifth Avenue known for his connections to Boston’s “most fabulous socialites” is being accused of stealing nearly $430,000 worth of goods from the luxury retailer. Suhail ...

Saks Global, the company formed almost a year ago when Saks acquired Neiman Marcus Group for $2.7 billion, has had a rocky first year in business. Now, what will happen to Saks Global, and the many ...