Saks Fifth Avenue
Luxury Brands Are Making a Big Bet on Saks. Will It Come Back to Haunt Them?
Vendors have long complained that Saks was slow to pay its bills. Yet even as a bankruptcy filing for the department store giant appears imminent, many say they plan to continue to work with the retailer.
Luxury Brands Are Making a Big Bet on Saks. Will It Come Back to Haunt Them?
Vendors have long complained that Saks was slow to pay its bills. Yet even as a bankruptcy filing for the department store giant appears imminent, many say they plan to continue to work with the retailer.
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan
Lenders are struggling to measure how much — if anything at all — they should loan to the cash-strapped luxury retailer.
Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan
Lenders are struggling to measure how much — if anything at all — they should loan to the cash-strapped luxury retailer.
The Big Luxury Stories We’re Tracking in 2026
Who will be held accountable if designer revamps don’t land? Plus, the fallout from Saks’ expected bankruptcy, Dior hits stores, a long road in China and more.
The Big Luxury Stories We’re Tracking in 2026
Who will be held accountable if designer revamps don’t land? Plus, the fallout from Saks’ expected bankruptcy, Dior hits stores, a long road in China and more.
Can the Multibrand Fiasco Be Salvaged in 2026?
Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.
Can the Multibrand Fiasco Be Salvaged in 2026?
Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.
Inside Luxury Retailers’ Bare-Knuckle Fight to Win the Holidays
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
Inside Luxury Retailers’ Bare-Knuckle Fight to Win the Holidays
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
Saks Is Ceding Ground to Luxury Rivals After Buying Neiman Marcus
The $2.7 billion acquisition was intended to strengthen the department stores’ positions as luxury giants, but now both are struggling against competitors like Nordstrom and Bloomingdale’s.
Saks Is Ceding Ground to Luxury Rivals After Buying Neiman Marcus
The $2.7 billion acquisition was intended to strengthen the department stores’ positions as luxury giants, but now both are struggling against competitors like Nordstrom and Bloomingdale’s.
With Financing Push, Saks Global Looks to Buy Some Time
A deal to secure $500 million in new financing may push out a reckoning. But falling sales, looming payments to vendors and creditors continue to dog the luxury retailer’s post-merger vision.
With Financing Push, Saks Global Looks to Buy Some Time
A deal to secure $500 million in new financing may push out a reckoning. But falling sales, looming payments to vendors and creditors continue to dog the luxury retailer’s post-merger vision.
Saks Bonds Plunge as Investor Update Deepens Cash Concerns
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
Saks Bonds Plunge as Investor Update Deepens Cash Concerns
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
Hudson’s Bay to Begin Liquidating Most Stores on Monday
An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.
Hudson’s Bay to Begin Liquidating Most Stores on Monday
An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.