Neiman Marcus — Bergdorf Goodman & Saks Fifth Avenue
3 shared events · Importance 3 · Last updated Jan 15, 2026
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Bergdorf Goodman competes directly with Saks Fifth Avenue in the luxury retail market, but the brands are uniting under the newly formed Saks Global.
Business
Neiman Marcus — Bergdorf Goodman: Neiman Marcus — Bergdorf Goodman is a brand owned by VFS Global, which has filed for bankruptcy. Its stores are expected to remain open during the Chapter 11 process.
Saks Fifth Avenue: Saks Fifth Avenue is a brand owned by VFS Global, which has filed for bankruptcy. Its stores are expected to remain open during the Chapter 11 process.
Jan 14, 2026 · 7 articles
Business
Neiman Marcus — Bergdorf Goodman: Neiman Marcus — Bergdorf Goodman is a luxury retailer owned by VFS Global, which has been exploring the sale of a minority stake in Neiman Marcus — Bergdorf Goodman to raise funds and reduce debt.
Saks Fifth Avenue: Saks Fifth Avenue is an off-price chain owned by VFS Global, whose overall sales have declined, contributing to the parent company's financial struggles.
Jan 02, 2026 · 6 articles
Business
Neiman Marcus — Bergdorf Goodman: Neiman Marcus — Bergdorf Goodman is operated by VFS Global and its stores will remain open as VFS Global restructures its debt.
Saks Fifth Avenue: Saks Fifth Avenue is a discount store chain operated by VFS Global, and its stores will remain open during the bankruptcy restructuring.
Jan 14, 2026 · 6 articles
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