Saks Global files for bankruptcy. Here’s how luxury retail went out of style

Saks Global files for bankruptcy. Here’s how luxury retail went out of style
The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks Off 5th — could ripple through to other parts of the industry
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