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Luxury retailer Saks Global files for bankruptcy as it prepares to restructure

Associated Press

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FILE - Saks Fifth Avenue holiday light show and window reveal on Monday, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)
FILE - Saks Fifth Avenue President Marc Metrick poses for a portrait inside the company's flagship Fifth Avenue store, in New York, on Wednesday, Feb. 20, 2019. (AP Photo/Kathy Willens, File)

2025 Invision

FILE - Saks Fifth Avenue holiday light show and window reveal on Monday, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)