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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.

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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.