Saks Global files for bankruptcy after takeover leads to financial collapse(theguardian.com)
theguardian.com
Saks Global files for bankruptcy after takeover leads to financial collapse
https://www.theguardian.com/business/2026/jan/14/saks-global-files-for-bankruptcy
2 comments
When Saks Fifth Avenue put out feelers to sell off pieces of BergdorfGoodman, I took it as a very bad sign.
Bergdorf is the crown jewel in that portfolio. Anytime you see a corporation pawning off its winners to fund its losers, they're in very, very deep trouble.
Bergdorf is the crown jewel in that portfolio. Anytime you see a corporation pawning off its winners to fund its losers, they're in very, very deep trouble.
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