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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/chanel
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Sneakers and Designer Bags: Investments of Today
By Daniel González - Fri, 07/03/2020 - 06:00
Sotheby's and Christie's are auctioning designer bags and sneakers. According to Stockx, the sneaker market will be worth US$95 billion by 2025.
The Luxury Market is Suffering Worldwide (Even in Mexico)
By Daniel González - Tue, 05/19/2020 - 18:10
A report published by consulting firm Bain & Co. assures that sales levels shown by the luxury industry in 2019 will not recover until 2023.