An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...

Yet in the meantime, the episode is shaping up to be a painful lesson in the dangers of trying to catch a falling knife. The ...

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

After weeks of tumult, Saks Global could file for bankruptcy by Tuesday, though it’s unclear whether creditors would be able ...

Amazon is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to ...

The faster the court proceedings, the better it is for Saks looking to replenish its depleted shelves and minimize legal and ...

The move comes 13 months after Saks paid $2.7 billion to acquire its competitor. Since then, the chain has struggled with a ...

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

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

Amazon said its $475M stake in Saks is 'presumptively worthless' and that it may seek 'more drastic remedies' if Saks doesn't ...

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.