Category : Search result: Saks Fifth Avenue


Saks Bankruptcy: Luxury Retailer Falls With Massive Debts

Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for bankruptcy with unpaid bills to Chanel, Gucci, and others totaling hundreds of millions. The collapse marks the end of America's last luxury department store empire.

Saks Global Files for Bankruptcy Over Debt and Losses

Saks Global Enterprises has filed for Chapter 11 bankruptcy in Texas to address mounting losses and a massive debt load. The luxury retailer operates Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus.

DMart Q3 Margin Best in Quarters, Stock Reaction Muted

Avenue Supermarts' Q3 EBITDA margin rose to 8.4%, its first YoY increase after six quarters of decline. Analysts raise estimates, but investor caution persists amid competition and cost pressures. Read the full analysis.

DMart shares jump 5% in major relief rally

Avenue Supermarts (DMart) stock surged 5% to ₹3,844.70, marking its best day since mid-August 2025. The rally offers respite after a prolonged sell-off triggered by Q3FY26 results that missed estimates. Read the full analysis.

Court Sets Feb 7 Hearing in Sonia Gandhi Voter List Case

A Delhi court has adjourned to February 7 the hearing on a revision petition challenging Sonia Gandhi's inclusion in electoral rolls. The Congress leader's counsel sought time to file a reply. Read the latest developments.

Saks in Talks for $1B Loan Ahead of Chapter 11 Filing

Saks Global Enterprises is negotiating a $1 billion loan for a potential Chapter 11 bankruptcy filing. The luxury retailer missed a $100M interest payment and faces sales decline. Read the full story.

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