The upmarket U.S. department store conglomerate filed for Chapter 11 bankruptcy protection late on Tuesday, barely a year ...
The company told the judge that it and other creditors would be hurt by Saks' bankruptcy financing plan because it would have ...
Saks Global, parent company of Saks Off Fifth and Neiman Marcus, is filing for bankruptcy. If its three massive Oahu ...
Saks Global filed for bankruptcy on the same day fresh monthly sales data showed stronger-than-expected U.S. retail sales.
Macy’s isn’t out of the woods, however. Saks and its subsidiaries could still emerge from bankruptcy and give it a run for ...
Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...
Experts have attributed Saks' troubles to the immense debt picked up to finance its 2024 acquisition of Neiman Marcus as well ...
Saks Global's prime real estate portfolio could serve as a crucial bargaining chip with lenders as the hard-hit luxury ...
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...
The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.
The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...
Saks Global bankruptcy: Store closure update and what’s next for Saks Fifth Avenue and Neiman Marcus
The luxury retailer, saddled with debt and facing headwinds, says it's evaluating its physical store footprint as it goes ...
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