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NEIMAN MARCUS ACQUISITION
US stock market crashes again today – Why Dow, S&P 500, Nasdaq slip for the 4th day in a row as gold and silver surge to record highsUS stock market crashes again today. Dow, S&P 500, Nasdaq slip for the 4th day in a row as gold and silver surge to record highs. The Dow d...
Saks Global files for bankruptcy due to heavy debt load months after Neiman Marcus takeover; Here’s how the luxury retail group can revive itself as time runs outUS luxury retail group Saks Global filed for bankruptcy protection on Tuesday (January 13, 2026), burdened by substantial debt from the pan...
US company Saks weighs bankruptcy a year after raising billions for turnaroundSaks Global Enterprises faces a critical debt payment this month. The company is exploring Chapter 11 bankruptcy as a potential option. Oth...
Saks Fifth Avenue at crossroads, facing creditor and vendor uneaseSaks Global faces financial hurdles post the Neiman Marcus acquisition. The company made a crucial interest payment. It secured new financi...
Does the future of Ivanka Trump's brand depend on her downmarket strategy or the success of her father's presidency?The brand is vastly different from the image that Trump had originally envisioned.
- Indian bags are a global hit
While 'desi' fashionistas continue to fawn over their Chanels and Bottega Venettas, Indian branded bags are finding a place in the hallowed...
- Junk bonds may repeat 2002 crash on LBO credits
Never have so many made so much money from junk bonds, and that worries Dan Fuss.Mr Fuss, whose $10.7 billion