As a step towards strengthening the brand’s retail footprint across the country, ASUS Sri Lanka, a Taiwanese tech giant announced the launch of its third exclusive store in the country, now opened in ...

Sri Lanka hikes key rate by 100 bps, the biggest increase in 3 years Rate hike comes as Iran war fuels inflation, hammers currency Analyst warns of more shock therapy unless Iran crisis eases Governor ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The storied entrance to Saks' Fifth Avenue flagship store (AP Photo/Richard Drew) Saks ...

The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the ...

Saks Global is one step closer to exiting bankruptcy. The company announced on Wednesday that it has entered into a Restructuring Support Agreement with bondholders who will provide $500 million in ...

The list of Saks Fifth Avenue and Neiman Marcus store locations set to close continues to grow. On March 6, 2026, parent company Saks Global announced it would close 15 additional retail locations.

There was no end to the grief Saks Global got as it slunk into bankruptcy in January. Brands large and small complained for over a year about the late, incomplete or totally absent payment of invoices ...

Saks Global’s ongoing bankruptcy is having a ripple effect on its Southern California stores. As part of its shutdown of several Saks Fifth Avenue and Neiman Marcus locations nationwide, Saks Global ...

The majority of Saks Fifth Avenue locations will shutter as the department store's parent company announced another round of closures related to its Chapter 11 bankruptcy restructuring and luxury ...

NEW YORK (AP) — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 ...

A day after rescuing Iranian sailors from the wreckage of a warship sunk by a U.S. submarine, Sri Lanka’s neutrality is being tested. By Anupreeta Das and Pamodi Waravita Pamodi Waravita reported from ...