The combination of Saks and Neiman Marcus into a single entity represents one of the most significant developments in U.S. luxury retail in decades.
Inside the $99 million luxury wine scam that fooled over 100 global investors
July 24, 2025
Gen Z was growing obsessed with luxury watches. New tariffs on Switzerland could cool the expensive hobby
August 17, 2025
The luxury goods market has created its own crisis, and it won’t recover until after 2027
Bain & Co's latest luxury sector report found growth slowed particularly in the personal goods sector last year—the first time in…
Debt-riddled retail giant’s demise has cast uncertainty over the future of US luxury fashion
2026 could be another year of winners and losers in luxury, J.P. Morgan says.
Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, is expected to imminently file for bankruptcy protection, leaving…
Also: All the news and watercooler chat from Fortune.
A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the COVID pandemic.
