The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for bankruptcy protection late Tuesday, according to court documents filed in US Bankruptcy Court in Houston, Texas.
It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...
Saks Global has filed for Chapter 11 bankruptcy, Business Insider reports. The luxury retailer that owns Neiman Marcus, ...
Former Neiman Marcus Group CEO ​​Geoffroy van Raemdonck is bringing on a fresh slate of executives and has a $1.75 billion ...