Close Menu
Global News HQ
    What's Hot

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand

    December 9, 2025

    Helix launches 24/5 real-time equity pricing for major equities

    December 9, 2025

    Toms River man pleads guilty in mortgage fraud scheme

    December 9, 2025
    Recent Posts
    • Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand
    • Helix launches 24/5 real-time equity pricing for major equities
    • Toms River man pleads guilty in mortgage fraud scheme
    • How This Massive, 1,064-Foot Residential Megayacht Aims to Redefine Life at Sea
    • Laura Dern Stands Tall
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand
    • Helix launches 24/5 real-time equity pricing for major equities
    • Toms River man pleads guilty in mortgage fraud scheme
    • How This Massive, 1,064-Foot Residential Megayacht Aims to Redefine Life at Sea
    • Laura Dern Stands Tall
    • Agentic AI rush exposes a growing security gap across enterprises
    • Senate Bill Targets Generally Recognized as Safe Self-Affirmation
    • Ring vs. Blink: I compared the two most popular security camera brands, and here's who wins
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - E-commerce & Retail - Saks Global sues to block Bergdorf chief merchant’s move to Nordstrom
    E-commerce & Retail

    Saks Global sues to block Bergdorf chief merchant’s move to Nordstrom

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Saks Global sues to block Bergdorf chief merchant’s move to Nordstrom
    Share
    Facebook Twitter LinkedIn Pinterest Email


    This audio is auto-generated. Please let us know if you have feedback.

    Saks Global is attempting to block former Bergdorf Goodman chief merchant Yumi Shin from taking the same role at rival Nordstrom, in a federal lawsuit alleging a host of improprieties and requesting a temporary restraining order.

    Shin worked for Bergdorf in New York from October 2018 until October 2025, when she resigned to go to Nordstrom; she was promoted to chief merchandising officer in January 2019, per court documents.

    “Saks will be immediately and irreparably harmed if Shin is permitted to begin her new position with Nordstrom,” the company said in a Nov. 25 complaint filed with the U.S. District Court for the Northern District of Texas in Dallas.

    A few days later Shin asked the court to dismiss the lawsuit, in part on jurisdictional grounds. She also argues that her agreements with Saks Global, especially following the $2.7 billion acquisition of Bergdorf-owner Neiman Marcus Group, often contradict each other. Shin on Nov. 26 also filed a complaint against Saks Global in the Delaware Chancery Court.

    “In a period of just three years, Plaintiffs have drafted and asked Ms. Shin to execute a convoluted series of no less than five contracts to obtain the benefits associated with her position at Bergdorf,” according to her motion to dismiss filed with the federal court in Dallas. “These contracts have inconsistent choice of law and forum provisions.”

    The luxury department store giant, which formed about a year ago when the merger deal was finalized, demands that Shin return nearly $50,000 in payouts and accuses her of stealing proprietary information, per court documents.

    Saks Global did not immediately return a request for comment. Nordstrom declined to comment. Saks Global, which has watched a series of leaders depart, recently shook up Bergdorf’s merchandising team. Chief Retail Officer Melissa Xides left Bergdorf in late November.

    Saks Global argues that Shin’s move “is a direct violation of her contractual non-competition restrictions, and she is doing so in a role that would inevitably require her to use and disclose Saks’ confidential and trade secret business information for the benefit of her new employer.”

    It’s difficult to argue that inevitability as, due to various state laws and the minutiae of various agreements, each case around noncompete agreements is unique, according to labor and employment attorney Steven Mitchell Sack. Although judges are often critical of a company preventing an ex-employee from working in their industry, an employee may find it difficult to wiggle out of an agreement.

    “Every case is decided on their own facts,” Sack said by phone.

    Saks Global’s struggles paying vendors, to the extent they affect an employee’s work or reputation, could be a tangential argument for employees seeking to jump ship, Sack said.

    “You could argue they don’t have clean hands,” he said. “But it’s not directly affecting the employee — it’s indirectly affecting them. So I can’t really answer that definitively, but I like the argument.”

    Shin is the second high-profile fashion executive to leave Saks Global for Nordstrom. Earlier this year, Beverly Hills-based stylist Catherine Bloom left Neiman Marcus, a move that many analysts saw as a coup for the Seattle-based department store.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleWatch the Wythe Diner Get Lifted Out of Williamsburg
    Next Article 6 Living Room Paint Color Trends That Are Going to Take Over Walls in 2026

    Related Posts

    Agentic AI rush exposes a growing security gap across enterprises

    December 9, 2025

    5 Content Marketing Ideas for January 2026

    December 8, 2025

    Tariffs reshape shopping cycles and marketplace dynamics

    December 8, 2025

    Consultants Weigh in on New Walmart and Amazon Policies

    December 8, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Finance & Investment
    1 Min Read

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand Source link

    Helix launches 24/5 real-time equity pricing for major equities

    December 9, 2025

    Toms River man pleads guilty in mortgage fraud scheme

    December 9, 2025

    How This Massive, 1,064-Foot Residential Megayacht Aims to Redefine Life at Sea

    December 9, 2025
    Top
    Finance & Investment
    1 Min Read

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand Source link

    Helix launches 24/5 real-time equity pricing for major equities

    December 9, 2025

    Toms River man pleads guilty in mortgage fraud scheme

    December 9, 2025
    Our Picks
    Finance & Investment
    1 Min Read

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand

    Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand Source link

    Cryptocurrency & Blockchain
    1 Min Read

    Helix launches 24/5 real-time equity pricing for major equities

    Key Takeaways Helix, a decentralized exchange on Injective, has rolled out 24/5 real-time on-chain equity…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version