High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury powerhouse brought Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus under the same roof.
The filing cast uncertainty over the future of the iconic U.S. luxury fashion brand, though Saks said early on Wednesday that its
