Amazon is staring at a $475 million investment in Saks Global that it now values at zero, and it is not taking the loss ...

Amazon's high-profile bet on luxury retail has curdled into a courtroom brawl, with the company now telling a bankruptcy ...

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

The iconic luxury retailer has a location at the American Dream mall. Saks' purchase of Neiman Marcus saddled it with $2 ...

The company missed an interest payment of over $100 million, leading to expectations of an imminent Chapter 11 filing or asset sales due to heavy leverage.

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

Amazon challenges Saks’ Chapter 11 financing, warning a $1.75B deal could harm unsecured creditors and make its equity stake ...

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

A U.S. bankruptcy judge has dismissed Amazon's attempt to block a proposed financing deal to aid Saks Global Enterprises ...

Saks Global, the conglomerate behind Saks Fifth Ave., Bergdorf Goodman, and Neiman Marcus, officially filed for bankruptcy ...

A major legal battle is underway between Amazon and Saks Global, with the e-commerce giant vowing to use “all available legal ...

Saks Global, the owners of luxury retailers Saks Fifth Avenue and Bergdorf Goodman, filed for bankruptcy Wednesday due to a ...