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

Saks Global said the company is 'evaluating its operational footprint to invest resources where it has the greatest long-term ...

Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...

Saks Fifth Avenue is running major clearance deals on designer sunglasses, bags, and denim after its bankruptcy announcement.

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...

“There has been a transformation in retail,” one expert said.

Hours before Saks Global filed for bankruptcy, I visited the Fifth Avenue flagship store.

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

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

On Tuesday, Saks Global, the company who owns department store Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection.

Saks Fifth Avenue shopping sprees aren’t over just yet. The Chapter 11 bankruptcy of Saks Global, the parent company of Saks ...

The closure comes as the luxury department store chain and its sister company, Neiman Marcus, face an uncertain future and a ...