Answers to this and other questions about the financial crisis in America’s biggest luxury department store.
Category: Bergdorf Goodman
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Saks Files for Bankruptcy as Department Stores Fight for Survival
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt
Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.
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Saks Is at a Crossroads, Facing Creditor and Vendor Unease
The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.
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A Local’s Guide to Celebrating the Holidays in New York
Facing crushing throngs and high prices can be as off-putting as a rock-hard bagel. Here’s how New Yorkers enjoy their hometown’s seasonal traditions without much challenge to their patience or pocketbook.
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Nikos Koulis Adds Another Shop to His Greek Jewelry Empire
The new flagship, on one of Athens’s luxury shopping streets, is his fourth outpost.
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Betty Halbreich, World’s ‘Most Famous Personal Shopper,’ Dies at 96
She was a local New York secret before gaining wider renown as the dressing-room companion of rich, powerful women. A dark past lay beneath her savoir faire.
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Now Living Alone, the Address Has Changed. The Spots Remain the Same.
In a Manhattan apartment festooned with animal prints, Renée Demsey, 92, adapts to her newly single life.
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Monica Hickey, Doyenne of Bridal Gowns, Dies at 100
As the director of salons at Henri Bendel, Bergdorf Goodman and Saks Fifth Avenue, she spent decades outfitting brides-to-be for their grand ceremonies.
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A Tokyo Designer Captures Memories in Gems
Mio Harutaka’s pieces include bunnies, daisies and a piano keyboard ring in diamonds and onyx.