Amazon Battles Saks Bankruptcy, Says Stake Worthless
Amazon opposes Saks Global's Chapter 11 financing, warning of drastic action. The e-commerce giant invested $475 million in December 2025, now calling it worthless.
Category : Search result: Saks Fifth Avenue larceny
HAL Awaits Russian Report on Su-57 Production Costs
Hindustan Aeronautics Limited awaits a Russian team's cost report for manufacturing Su-57 stealth fighters in India. The report will detail expenses for technology, infrastructure, and supply chain development.
Man Found Dead in Sealed Amritsar Property, Police Investigate
An unidentified man was discovered dead inside a sealed property on Ranjit Avenue in Amritsar. Police have launched a thorough investigation into the mysterious circumstances surrounding the death.
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.
Saks Real Estate Could Be Key in Bankruptcy Restructuring
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Saks Global Bankruptcy Follows Neiman Marcus Acquisition
Saks Global filed for bankruptcy late Tuesday, marking another major US retail collapse just one year after acquiring Neiman Marcus amid fierce competition.
Saks Global CEO Baker Exits as Bankruptcy Looms
Richard Baker departs as CEO of Saks Global Enterprises just days after appointment, with the luxury retailer preparing for Chapter 11 bankruptcy filing.
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 Q3 Profit Up 18.3%, Brokerages Advise Hold/Sell
DMart's Q3 FY26 profit rose 18.3% to ₹856 crore, yet brokerages like Citi advise 'Sell' citing slowing growth. Read the full analysis of the results and market outlook.
TCS, HCLTech Results, IREDA-NTPC Deal: Stocks in Focus
TCS and HCLTech announce Q3 results, while IREDA and NTPC sign a major MoU. Avenue Supermarts and Signature Global also in focus. Key market updates for January 12.
DMart's New Lean Leadership Team: Strategy Shift Explained
DMart restructures its senior leadership under new CEO Anshul Asawa. We analyze what the leaner team means for strategy, risks, and how it compares to peers like Vishal Mega Mart.
Fifth Schedule Fails: Tribal Rights Routinely Overridden
An investigation reveals how the Fifth Schedule, meant for tribal self-governance, is failing. Mining and dams override tribal objections. Read the full report.
DMart Q3 Net Profit Rises 17.6% to Rs 923 Crore
Avenue Supermarts, owner of DMart, reports a 17.6% year-on-year rise in Q3 net profit to Rs 923 crore. Revenue grows 17.3%. Read the full analysis of the results.
DMart Q3 Results Preview: Modest Growth, Margin Pressure
Avenue Supermarts (DMart) is set to announce Q3FY26 results on Jan 10. Revenue likely rose 13% to ₹17,613 crore, but margins may contract. Key details and analyst views inside.
Saks Global in Crisis After Costly Neiman Marcus Merger
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
Australia win Ashes 4-1 after 5-wicket victory in 5th Test
Australia defeats England by five wickets in the final Ashes Test at The Oval, sealing the series 4-1. Read the full match report and analysis here.
Saks Bankruptcy Fears Prompt Rush to Use Gift Cards & Credits
Amex Platinum cardholders are rushing to use Saks credits as bankruptcy looms. Learn what experts say about gift card safety and how past retail cases unfolded.
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.
Bethell Joins Kapil Dev in Elite Test Century Club
England's Jacob Bethell scores his maiden Test hundred in the Ashes, joining legends like India's Kapil Dev in a rare international batting feat. Read more.
Ben Stokes injured, leaves field on Day 4 of Ashes Test
England captain Ben Stokes left the field with a right adductor injury on Day 4 of the final Ashes Test. Get the latest updates on his condition and England's fightback.
Head's 163* puts Australia in command in 5th Ashes Test
Travis Head's unbeaten 163 propelled Australia to 518/7, giving them a massive lead over England. Head also crossed 600 runs in the Ashes series. Read his insights on his form and batting order.
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.
Jefferies Seeks Ex-CEO Testimony in First Brands Case
Jefferies presses to question First Brands founder under oath amid a $715M invoice scandal. The legal battle intensifies as the former CEO cites the Fifth Amendment. Read the full details.
Maduro Capture Triggers US Political Crisis, Impeachment Demands
The dramatic capture of Venezuela's President Maduro by the US has ignited a firestorm in Washington. Democrats demand impeachment, Republicans are split, and a constitutional crisis unfolds. Read the full analysis.
DMart Shares Fall 2.25% to 10-Month Low Post Q3 Update
Avenue Supermarts (DMart) shares plunged over 2% to a 10-month low after its Q3 revenue growth slowed to 13.15%, missing analyst forecasts. Store additions also lagged expectations.
Dhurandhar's Historic 5th Week, Crosses Rs 1200 Cr Globally
Ranveer Singh's 'Dhurandhar' shatters box office records with a historic Rs 33.25 Cr 5th weekend, dethroning 'Chaava'. The film's worldwide collection now stands at a staggering Rs 1,201.5 crore. Read the full breakdown.
Gangsters Open Fire at Amritsar Shop and Saloon
Unidentified assailants fired shots at a chemist shop and a saloon in Amritsar's Green Avenue. Police are investigating the gang rivalry link. Read the latest updates.
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.
Rain Threat Looms Over Sydney Ashes Test Day 2
Persistent rain in Sydney could disrupt Day 2 of the fifth Ashes Test between Australia and England. Get the latest weather forecast and match updates here.
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