Saks Fifth Avenue
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.
The Increasingly Popular Solve to Fashion’s Wholesale Woes
A challenging wholesale environment is pushing more fashion brands to sell on marketplaces where they directly fulfil customers orders. But the model requires a higher level of collaboration between brands and retailers to make it a mutually beneficial investment.
The Increasingly Popular Solve to Fashion’s Wholesale Woes
A challenging wholesale environment is pushing more fashion brands to sell on marketplaces where they directly fulfil customers orders. But the model requires a higher level of collaboration between brands and retailers to make it a mutually beneficial investment.
Saks Needs to Earn Back Brands’ Trust
Relations between the owner of Saks, Neiman Marcus and Bergdorf Goodman and its vendors are at an all-time low. But both sides need each other more than they’d like to admit.
Saks Needs to Earn Back Brands’ Trust
Relations between the owner of Saks, Neiman Marcus and Bergdorf Goodman and its vendors are at an all-time low. But both sides need each other more than they’d like to admit.
Saks Wanted to Clear the Air With Brands. The Plan Backfired.
Relations between Saks Global and many of the 2,000-odd brands stocked in its department stores appear to be worse than ever after the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman sent a letter this week setting new payment terms.
Saks Wanted to Clear the Air With Brands. The Plan Backfired.
Relations between Saks Global and many of the 2,000-odd brands stocked in its department stores appear to be worse than ever after the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman sent a letter this week setting new payment terms.