Loading...
Loading...
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/saks-fifth-avenue
More E-Commerce & Retail
By Mariana Allende - Thu, 01/08/2026 - 10:00
Día de Reyes drives MX$26 billion in sales, while Saks Global faces bankruptcy, and SMEs power 90% of Mexico's rapidly digitalizing e-commerce.
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.
By MBN Staff - Fri, 01/02/2026 - 12:59
Saks Global replaces CEO as the luxury retailer reportedly prepares for bankruptcy following a missed debt payment.
By Daniel González - Thu, 04/30/2020 - 16:57
Grupo Sanborns’ online sales grew by 450 percent in 1Q20. However, the group’s total sales fell by 1.4 percent compared to the same period in 2019.
