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

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

As of now, Saks Fifth Avenue (611 5th Avenue) has 70% off designer sale signs around the store. It’s unknown if these sales ...

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 ...

The Perfume Shop has reported strong festive trading with sales of bottles of perfume up 6% year-on-year. Between 30 November ...

NEW YORK >> High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the ...

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

This year’s shopping behaviours reflected a more intentional approach to Christmas spending. Whilst The Perfume Shop saw ...

High-end department store owner Saks Global has filed for bankruptcy protection as it struggles under a mountain of debt.

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took ...