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

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon ...

Looks like Saks Global may have figured out a way to keep the lights on, at least for a little while. According to Reuters, ...

When companies file for bankruptcy, often it isn't because they're not cash flow positive. Bankruptcies can happen simply ...

Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt ...

Saks Global — the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman — has filed for Chapter 11 ...

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in ...

The parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman has struggled to pay vendors.

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

Saks officials said the company has secured a financing commitment of approximately $1.75 billion that will enable it to keep ...

In a surprising turn of events, Taste of Belgium, a beloved fixture in Cincinnati’s culinary landscape, has announced its filing for Chapter 11 bankruptcy protection. This move is intended to help the ...

A Utah-based motorcycle retail group once seen as a safe bet for Europe’s most coveted brands has entered Chapter 11 ...