Neiman Marcus owner files bankruptcy, leaving Dallas stores' fate unclear

The fate of stores operated by Saks Global, parent company of the Dallas-based Neiman Marcus luxury retail chain, is up in ...

Luxury retailer files for bankruptcy a year after $2.7 billion acquisition of competitor

Saks Global said the company expects to exit bankruptcy later this year. With court approval, $1 billion will become available for operations, and another $500 million is designated for when the ...

Judge denies Amazon's effort to block Saks Global bankruptcy

A U.S. bankruptcy judge denied Amazon.com Inc.'s effort to block a loan to help Saks Global Enterprises stay in business amid ...
Commercial Observer

Ashkenazy Paid Just $50M for Beverly Hills Neiman Marcus

Ben Ashkenazy’s investment firm paid just $50 million for a two-block parcel in Beverly Hills, in a deal that reportedly ...