A U.S. bankruptcy judge on Wednesday granted ​initial approval of Saks Global’s bankruptcy financing, allowing the company to ...
A U.S. bankruptcy judge denied Amazon.com Inc.'s effort to block a loan to help Saks Global Enterprises stay in business amid ...
Saks Global’s 2026 Chapter 11 shocks luxury retail. Learn what drove the collapse, key creditors, and rivals’ moves—stay ...
The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...
In 2024, Amazon took a 23% stake in the entity formed by Saks that acquired Neiman Marcus, taking on a major role in backing ...
Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...
Saks Global has filed for bankruptcy, raising questions about the future of Saks Fifth Avenue and Saks off Fifth stores in ...
Department stores are increasingly being left behind as luxury brands connect directly with customers, both online and in ...
Saks Global’s bankruptcy filing reveals over $700 million USD in debt owed to its largest unsecured creditors, with iconic ...
Saks Global, the iconic and now-bankrupt luxury retailer, may have to broaden its consumer base if it wants to survive in the ...
The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.
As the legacy department stores that once dotted the Boston area — Barneys, Lord & Taylor — continue to die off, Saks and its ...