An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

By Alessandro Parodi, Elisa Anzolin and Tassilo Hummel Jan 14 (Reuters) - French luxury brand Chanel and Gucci owner Kering ...

One of the world’s most iconic department stores has spectacularly gone bust in a further sign of the troubles plaguing ...

A new high-profile tenant could be taking its place.

By Elisa Anzolin MILAN, Jan 9 (Reuters) - Italian luxury brand Brunello Cucinelli, known for its $3,000 cashmere sweaters, bet big on department stores, a strategy now in the spotlight as iconic U.S.

Burberry and Chanel are among a who's who of the luxury world owed money by glitzy department store owner Saks Global as it ...

The move cast uncertainty over the future of U.S. luxury fashion, though the retailer said its stores would remain open for ...

Saks Global has filed for bankruptcy protection as the US luxury retailer grapples with a bloated debt burden, in the latest ...

NEW YORK — It's shoppers like Quinn Kelsey who keep department store executives up at night. The 38-year-old Denver resident gets makeup ideas from TikTok videos and other social media content, not ...

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

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