Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase ...

Saks Global officially filed for Chapter 11 bankruptcy protection. The move happened in the U.S. Bankruptcy Court for the Southern District of Texas, according to a statement from the New York-based ...

The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what ...

US-based luxury retailer Saks Global has secured $1.75bn in committed capital and filed for voluntary Chapter 11 protection as part of a financial restructuring. The company commenced proceedings in ...

Saks Global has secured an initial tranche of $500m from a broader $1.75bn committed financing package as it advances through Chapter 11 proceedings. The US luxury retail group said the funds will ...

“There has been a transformation in retail,” one expert said. Saks Global – the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – filed for bankruptcy protection on Wednesday, ...

SPRINGFIELD, Mass. (WWLP) – December temperatures in Springfield averaged 28 degrees, which is 4.6 degrees below normal this past month. This trend aligns with a warming pattern observed across the ...

Saks Global filed for bankruptcy protection late Tuesday, according to court documents entered in U.S. Bankruptcy Court in Houston, throwing the future of the roughly century-old high-end department ...

NEW YORK — High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, Jan. 13, in one of the largest retail collapses since the pandemic, barely a year after a ...

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Firm leaders and analysts say increasing competition and even the rise of AI could continue to push firms that are still holding out to officially add an income partner level. Explore the entire ...