Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

Luxury moves from department stores to experience economies; Saks falters while Belmont, Bal Harbour and brand theatre take ...

The e-commerce giant is fighting for a $475M investment backed by Saks Fifth Avenue's flagship Manhattan store following the ...

Saks Global's prime real estate portfolio could serve as a crucial bargaining chip with lenders as the hard-hit luxury ...

Fifth Third Bank expected to object to the push by unsecured creditors. Kentucky Owl filed for bankruptcy more than a year ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

A downturn in the luxury retail industry at the beginning of 2025 has continued and affected major retailers this week.

The move comes 13 months after Saks paid $2.7 billion to acquire its competitor. Since then, the chain has struggled with a ...

Saks Global, which took on significant debt when it acquired Neiman Marcus in 2024, filed for Chapter 11 bankruptcy in the ...

The Chapter 11 filing could lead to store closures and asset sales across the department store chain’s portfolio.

Saks Global Holdings LLC, the owner of luxury retailers such as Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has ...