Just cause Saks is gone .We thought we'd get a bump in business .it hasn't happened. Curious if other markets are having the same. Minus Boston. Course Neimans store there closed

Saks global was so toxic we became a new company..it still won't hide that we cheat those we do business with.often. We didn't pay over 4 billion dollars so far to our creditors..Yet CEO Raemdonck has made over 75 million . Some system we have in... — read more 

Another 67 employees probably have zero job..

We didn't pay over 1.5 billion in bills . How is this legal? Many of the smaller vendors we had got paid zero. For their merchandise. Meanwhile raemdonck went in CNBC .where if course they didn't mention that

More layoffs there too. Yet they claim it's not related to bankruptcy...yeah right ..Like you can ever trust this company

Former owner, Richard Baker has been served. He is defying the inquiry The first Neiman Marcus bankruptcy they stiffed creditors 2.667 billion. Now it seems the property art. Worth millions was not reported . Baker claims he has no access to his... — read more 

While the company lost 77 million last month. They asked the court to approve bonuses for 8;employees if certain targets are met in the bankruptcy. Isn't that the top brass job? Employees on leave of absence right now arent paid what they are... — read more 

does anyone think a 3rd round of closings will happen?

WWD.com EXCLUSIVE: Navigating the Saks Global Bankruptcy — the Roadmap Ahead CEO Geoffroy van Raemdonck details progress in the Chapter 11 proceedings, what to expect in the coming weeks, and plans for getting Saks Global back on its feet. By DAVID... — read more 

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Now we aren't paying photographers and more. Of course we blame the court. The large brands made a deal...so billions not going to be paid and it's only started Meanwhile Bloomingdale's alone featuring 35 new brands on 3 floors in. NYC and it's only... — read more 

Worth Avenue in Palm Beach is one of the most exclusive, high income areas on planet earth. If saks and Neiman’s closed both stores on worth Avenue, every other Saks and Neiman’s store in the country is in danger of closing. And saying that there... — read more 

Start job hunting, no matter what Saks or Neiman Marcus store you are working at. it’s over, total liquidation in every store sooner or later. It’s over.

Geoffroy is beginning to trim the bloat.

Chanel, Zegna, Kiton, Brioni, Cucinelli, Stefano Ricci, Burberry, Ferragamo The top names in luxury fashion, have all had staggering price increases on merchandise since 2020. Some items have doubled and tripled in price. A Chanel handbag that was... — read more 

They keep chopping away ..soon it will be the full line stores. Plus probably they get rid of horchow if they can make a buck All the investors..Amazon. Simon.The vendors do not like us. It is looking bad . The liquidators and top brass are going... — read more 

Links: https://filecache.investorroom.com/mr5ir_saksglobal/1210/Saks_OFF_5TH_and_Last_Call_Store_Footprint.pdf https://www.prnewswire.com/news-releases/saks-global-sharpens-focus-on-luxury-retail-and-full-price-selling-302674428.html Link to the... — read more 

After the first bankruptcy where Neimans stiffed creditors or paid only 1.7 cents to 36 cents on the dollar. Raemdinck was there when we didn't pay 2.667 billion to them. Now he is back. Where he will Play games on what you are owed... Then claim it... — read more 

Simon wasn't paid rent..filed for eviction before the bankruptcy. Wants them gone. That would only leave Nordstrom in town

Geoffrey is trying to use his connections after being paid 7 million dollars to not let others speak about how Saks Global won't pay bills. They will try to target this page next. They do not want information about their... — read more 

Everyone is leaving Neiman’s Beverly Hills, most going to boutiques on rodeo, in century city, at the Beverly center, or on Robertson.

Link to the article: https://www.cnbc.com/2026/01/14/saks-global-files-for-bankruptcy-protection.html Link to the video: https://www.youtube.com/watch?v=xLbYeI7vvw4

Dust off that resume and run for the door, this is not going to be pretty.

source: https://therobinreport.com/saks-global-another-trainwreck/ 01.07.26: The Robin Report: Saks Global: Another Trainwreck by Mark Cohen Saks Global is Richard Baker’s next and maybe his final retail failure. Lord & Taylor, The Hudson Bay... — read more 

Chanel RTW, bags and shoes are pulling out of seven locations, mostly in California. Once the fires flare up, everything is affected. Sales associates are scared of losing job/liquidation/store closing, and they are being left with nothing to sell... — read more 

CEO Richard Baker steps down and now they need $1 billion to keep the doors open. It's over. Start looking for a new job.

Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.

Due to not pating our vendors many shipments are not coming in. I wonder how long this will last.

Even the wealthy 1% are not spending at Neiman Marcus, they are getting sticker shock as well. Look at the prices compared to just 5 years ago, it’s two and three times what they use to be. $6,000 for a Prada bag that was $3,200 in 2020….come on’.

Now because Plano is going to close. They threw out a fig leaf. They want to keep flagship open..Taxpayers already bailed it out. Hope the city council doesn't give more money to this debt ridden company . While legitimate things could occur...I... — read more