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“Saks Fifth Avenue parent closing 15 more stores in bankruptcy — here are the locations” Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations. The company has largely completed the process of shutting down underperforming stores with…
“Bergdorf Goodman fashion exec Linda Fargo lists $1.3M co-op” Effortlessly chic Linda Fargo, Bergdorf Goodman’s SVP of fashion and store presentation director, is listing her also-chic Sutton Place home. The style icon’s co-op at 14 Sutton Place South is on the market for $1.29 million. The 10th-floor residence comes with two bedrooms, two bathrooms and…
“#Neiman Marcus mulls splitting into 3 separate businesses” Neiman Marcus is exploring a possible corporate rejiggering that would split the luxury chain into three different businesses, separating its website from its stores and spinning off Bergdorf Goodman, The Post has learned. Neiman’s plans — which appear to mimic a closely watched strategy disclosed this spring…
“#NYC’s holiday windows celebrate city’s resilience in 2021” New York’s holiday windows are back, baby! And they’re better, shinier and brighter than ever. “This will be a Thanksgiving and a holiday season like no other,” said the perennially sunny Linda Fargo, Senior Vice President of fashion at Bergdorf Goodman, adding she was ready to savor…
“#Neiman Marcus hires JPMorgan to explore Bergdorf Goodman sale” Department store chain Neiman Marcus has retained JPMorgan to help it explore its strategic alternatives, including a possible sale of its crown jewel, Bergdorf Goodman, The Post has learned. A number of parties eyeing the super luxurious Fifth Avenue department store have already signed confidentiality agreements…
“#Neiman Marcus weighs possible sale of Bergdorf Goodman” Bergdorf Goodman is exploring a potential sale — and one possible outcome is that it moves to a surprising address nearby, The Post has learned. Neiman Marcus, which has owned the storied Fifth Avenue luxury mecca since 1972, has been interviewing bankers, including for a possible sale,…
“#The best Mother’s Day ideas and activities in NYC” It’s the mother of all holidays. And after more than a year of social distancing, what better way to spend this Mother’s Day than by enjoying the city’s top to-dos together? As New York continues easing its COVID-19 restrictions — increasing indoor and outdoor capacity at…
“#NYC thieves busted within 15 minutes after snatching handbags” A crew of fashion-forward thieves made off with a pair of pricey Givenchy handbags from high-end retailer Bergdorf Goodman — only to get snatched by cops within 15 minutes. The Midtown handbag heist took place around 3:45 p.m. Saturday when police said a pair of thieves…
“#NYC’s holiday windows are a glittering homage to hope” Joy to the world: The holiday windows have come! The COVID-19 pandemic has upended virtually every holiday tradition — sitting on Santa’s lap, caroling, gathering at Grandma’s. But it actually is beginning to look a lot like Christmas outside Bloomingdale’s, Bergdorf’s, Saks and Macy’s. “The holiday…
“#High-end retailers, posh eateries reopening after COVID setback” Manhattan’s fanciest retailers and restaurants are back — just in time for a really rough winter. There’s been a surge in recent weeks of high-end fashion boutiques and restaurant reopenings in central Manhattan, despite record unemployment, rising crime, municipal revenue shortfalls, schools chaos — and a COVID-19…