Lisa Fickenscher

After weeks of tumult, Saks Global could file for bankruptcy by Tuesday, though it’s unclear how much of the luxury giant’s prized real estate can be snatched up by creditors, The Post has learned. The owner of Saks Fifth Avenue, Neiman Marcus, Bergdorf G... See more

A billionaire who famously fired a slew of senior writers at Sports Illustrated during a 2024 business dispute is drawing controversy again — as his decades-old shopping destination ShopHQ has been accused of selling goods without paying suppliers, The Po... See more

The owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman is in a race to land more than $1 billion in rescue financing from new and existing investors – even as the company announced its CEO is stepping down, The Post has learned. The luxury gia... See more

Saks Global CEO Marc Metrick is stepping down amid reports that the company, which owns luxury department store chains including Saks Fifth Avenue and Neiman Marcus, is preparing to file for bankruptcy protection, the retailer said Friday. Metrick, who ov... See more

- Dec 31, 2025, 10:36 pm7 ptsNew York PostThe largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt payment to its bondholders on Tuesday and is in talks with creditors about financing a bankru... See more