Saks Warns Suppliers They Will Have to Wait for Payments
The marriage of Saks Fifth Avenue and Neiman Marcus was supposed to create a luxury powerhouse. Instead the newlywed ...
Saks Warns Suppliers Of Payment Delays Amid Luxury Retail Challenges
With its repayment plan in motion and a commitment to suppliers, Saks aims to restore trust and stabilize operations amid a ...
Saks Lays Out Plan to Pay Unpaid Vendors After Delays
Saks Fifth Avenue told vendors in a letter Friday that it will take more than a year to pay unpaid bills, a sign of the difficult outlook facing US department stores and the brands they work with.
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Era ends on Worth Avenue in Palm Beach as Saks announces its closure
In this week's edition of Beautiful Things in Palm Beach County most Palm Beach Countians (countyites?) can't afford, we have ...
EXCLUSIVE: CEO Marc Metrick Says Saks Global Will ‘Reset’ the Multibrand Luxury Distribution Model
On the agenda: some reduction of the number of vendors Saks partners with, a presence on amazon.com and new approaches to ...
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Saks Global’s new payment terms shake designers: Why it matters
Saks Global is changing the way it pays vendors as part of a new operating model. CEO Marc Metrick says, “We’re in this with ...
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NYFW’s Top Parties: Saks Fifth Avenue’s Splashy Chelsea Bash, Prada’s Chic Book Club, & More!
From Saks Fifth AVenue's splashy kickoff party to Prada's chic cocktails in Soho, these events led NYFW's Fall 2025 party ...
Neiman Marcus is closing its Dallas office at CityPlace, sparking lease dispute with landlord over attempted termination
In 2022, the retailer received $5.25M in city incentives to build its offices at CityPlace Tower and stay in Dallas. It is ...