An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...
Saks Fifth Avenue's parent company, Saks Global, has filed for Chapter 11 bankruptcy amid financial struggles.
“There has been a transformation in retail,” one expert said.
Saks Fifth Avenue filed for bankruptcy even though the global market for luxury retail is recovering.
The luxury department store owes billions of dollars to suppliers and vendors. But at its New York City flagship this week, ...
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On Tuesday, Saks Global, the company who owns department store Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection.