Saks Fifth Avenue filed for bankruptcy even though the global market for luxury retail is recovering.

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

Saks Global sought Chapter 11 protection as debt, slowing sales and shifting luxury shopping habits squeezed the business ...

Amazon is planning a massive new big-box store near Chicago to blend online convenience with physical retail, escalating its ...

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

The luxury retailer filed for chapter 11 protection on Wednesday after struggling with sliding sales and mounting debts.

The end of one-stop luxury? How a $2.65 billion deal turns into debt, forcing a reckoning for brands and buyers alike.

The move cast uncertainty over the future of U.S. luxury fashion, though the retailer said its stores would remain open for ...

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After filing for bankruptcy protection earlier this month, a major update on the future of the luxury retailer has been ...

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 ...

Saks Global filed for Chapter 11 bankruptcy after missing a $100M debt service bill associated with its $2.7B Purchase of ...