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Saks Global Files for Chapter 11, Citing Inventory Pressures
By MBN Staff - Mon, 01/19/2026 - 08:02
Saks Global filed for Chapter 11 in Texas, citing inventory constraints and weakened vendor confidence rather than a drop in luxury demand.
https://mexicobusiness.news/tag/bankruptcy
More E-Commerce & Retail
Saks Seeks US$1 Billion Loan for Potential Bankruptcy Filing
By MBN Staff - Wed, 01/07/2026 - 07:36
Saks Global seeks a US$1 billion loan for a potential bankruptcy filing following a missed US$100 million payment and the appointment of a new CEO.
AHMSA Auction Set for December; Sale Expected by January 2026
By Paloma Duran - Tue, 12/16/2025 - 12:09
AHMSA could be auctioned in December, with a sale to the highest bidder expected by January 2026.

Global, Local Firms Seek to Acquire AHMSA’s Assets
By Paloma Duran - Mon, 12/01/2025 - 11:46
Eight companies, including ArcelorMittal and Nippon Steel, have formally expressed interest in acquiring AHMSA and MINOSA.

The Hidden Economics of Not Planning Your Finances
By Erick Diaz - Mon, 10/27/2025 - 08:05
Free cash flow is vital for business survival. Lack of it is the top killer of companies. Financial discipline is the answer, writes Erick Diaz.
United, Frontier Expand Routes as Spirit Airlines Shrinks Network
By Teresa De Alba - Mon, 09/08/2025 - 16:14
United and Frontier added 37 new routes after Spirit’s second bankruptcy, as Spirit ended service in 11 cities.
Forever 21 Targets China and North America Revival
By MBN Staff - Mon, 09/01/2025 - 12:26
Forever 21 plans a fourth China entry and a North American relaunch after a second bankruptcy and a shrinking US presence amid e-commerce competition.
Spirit Airlines Risks Survival Without New Funding
By MBN Staff - Thu, 08/14/2025 - 15:51
Spirit Airlines warns it may not sustain operations past next year without more funding, five months after emerging from bankruptcy
Lyten to Acquire Bankrupt Northvolt’s Assets in Europe
By MBN Staff - Fri, 08/08/2025 - 16:23
Lyten agreed to acquire bankrupt Northvolt’s assets in Sweden and Germany, including plants, labs, projects, and intellectual property
Azul Raises US$650 Million, Suspends NYSE Listing Amid Chapter 11
By MBN Staff - Wed, 08/06/2025 - 15:55
Azul secures US$650 million from shareholders amid US Chapter 11, suspends NYSE listing, rejects leases, and seeks fuel supply amid restructuring