Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments. The ...

Luxury retailer Saks Global on Friday announced it will operate with a new name after it exited bankruptcy after cutting its store count and reducing its debt obligations. The company – which is the ...

Saks Global is racing toward the bankruptcy court exit — and the "new Saks" is coming into sharper focus. The retailer, which filed for bankruptcy on Jan. 13, updated its plan of organization for the ...

NEW YORK (AP) — Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more ...

NEW YORK, June 5 (Reuters) - Saks Global ⁠received ⁠court approval for its bankruptcy ⁠restructuring on Friday, clearing the luxury retailer to exit from Chapter 11 with a smaller store footprint and ...

The retailer, parent to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, emerged from a six-month stint in bankruptcy court this summer, refashioning itself as Exemplar Luxury Group — with new ...

NEW YORK, June 29 (Reuters) - Saks Global emerged from bankruptcy last week with fewer stores and a renewed focus on upscale luxury, as it looks to close a rocky chapter in its storied history. But ...

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Luxury retailer Saks Global on Friday emerged from Chapter 11 bankruptcy after nearly five months, under a new ownership structure and corporate name and with a smaller store footprint and lower debt.

FILE - Shoppers walk through Saks Fifth Avenue, Jan. 16, 2026 in New York. (AP Photo/Anne D'Innocenzio, File) (Anne D'Innocenzio, Copyright 2026 The Associated Press ...