Saks Global, the luxury department store chain, began a bankruptcy process last week that shook the retail sector in the ...

Big names like Chanel and Kering are owed substantial sums and are likely to be paid well before smaller brands’ past-due ...

Saks Global filed for Chapter 11 bankruptcy protection on January 13, 2026, in the U.S. Bankruptcy Court for the Southern ...

Former Neiman Marcus CEO Geoffroy van Raemdonck is back in the driver's seat as Saks Global CEO — and he's getting the band ...

Saks Global has filed for bankruptcy, but its Neiman Marcus store at King of Prussia Mall is expected to remain open for now.

Saks Fifth Avenue, the iconic luxury retailer, went into bankruptcy last Thursday. To read most of the press coverage, you’d think that it was just the latest casualty in a long line of failed ...

These are the most endangered retailers in America. Are your favorites on the list? What this means for local economies and ...

Amazon's high-profile bet on luxury retail has curdled into a courtroom brawl, with the company now telling a bankruptcy judge that its roughly $475 million stake in Saks is effectively worth nothing.

The ever-resilient U.S. consumer delivered strong holiday sales. But with J.P. Morgan taking any interest rate cuts off the ...

Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...

A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks ...

Saks Global said the company expects to exit bankruptcy later this year. With court approval, $1 billion will become available for operations, and another $500 million is designated for when the ...