What the steps are as the luxury retailer grapples with its creditors and vendors in the court-supervised process.
PennyGem on MSN
$136M Chanel debt torches Saks Global after suppliers 'stopped flowing'—17,000 face layoffs
Saks Global filed for Chapter 11 bankruptcy protection on January 13, 2026, in the U.S. Bankruptcy Court for the Southern ...
3don MSNOpinion
Department stores are dinosaurs, but Saks Fifth Avenue’s bankruptcy threatens a very civilized way of life
Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...
Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after ...
Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now tasked with reviving Saks Global. He comes with proven ...
On Wednesday Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman and the largest luxury ...
The move cast uncertainty over the future of U.S. luxury fashion, though the retailer said its stores would remain open for ...
The parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman has struggled to pay vendors.
Saks Global, the conglomerate behind Saks Fifth Ave., Bergdorf Goodman, and Neiman Marcus, officially filed for bankruptcy ...
Saks Global, the owners of luxury retailers Saks Fifth Avenue and Bergdorf Goodman, filed for bankruptcy Wednesday due to a ...
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