Saks Global Leans in Toward Bankruptcy Exit. An updated plan of reorganization detailed the company’s new board, a key litigation trust and more. May 27, 2026 by
Destination XL ‘Evaluating’ Tender Offer to Take Firm Private. Zodiac Partners II is seeking to buy the men’s big and tall retailer that is currently finalizing a merger with FullBeauty Brands. June 15, 2026May 22, 2026 by
Former Saks Global CEO Marc Metrick Faces Rule 2004 Request in Retailer’s Bankruptcy. Unsecured creditors are looking for a long list of documents from Metrick, including information about the $2.7 billion acquisition of Neiman Marcus Group. May 15, 2026 by
Former Saks Global CEO Marc Metrick Faces Rule 2004 Request in Retailer’s Bankruptcy. Unsecured creditors are looking for a long list of documents from Metrick, including information about the $2.7 billion acquisition of Neiman Marcus Group. May 15, 2026 by
EXCLUSIVE: Saks Fifth Avenue Downsizing in Greenwich, Conn. Years ago, in an unorthodox real estate maneuver, the luxury retailer established the Saks Shops at Greenwich, a group of separate, specialized shops in downtown Greenwich covering a range of categories. May 12, 2026 by
Saks Global Creditors Drop Demand for Info as Baker, Putnam Provide Docs. Former executives Richard Baker and Ian Putnam both provided documents last month to the creditors committee probing the bankruptcy. May 8, 2026 by
Saks Global Is Setting Up a Litigation Trust With Creditors to Pursue Potential Claims. The trust was the key amendment to the company’s bankruptcy disclosure statement, which the court approved on Friday. May 1, 2026 by
Saks Global Triggers Layoffs at Its Corporate Headquarters. The downsizing impacts about 640 workers, representing 16 percent of the company’s headquarters workforce, but just under 4 percent of its total employee base. April 30, 2026 by
Bankruptcy Court Approves Saks Global’s $500M Exit Financing Package. The approval helps set the company up for life after Chapter 11. April 24, 2026 by
Claire’s Relocating Its Headquarters. The move, seen happening in early 2027, is among several steps the retailer’s new owner is taking to modernize the brand and return it to growth. April 23, 2026 by
