Tag:

Saks

What is happening between Saks and Amazon

02 Feb 2026-10:20
Saks moves to end e-commerce partnership with Amazon

Bankrupt luxury retailer Saks Global is winding down its “Saks on Amazon” partnership with Amazon.com, a source with direct knowledge of the decision said on Friday.

31 Jan 2026-11:58
Amazon challenges Saks bankruptcy financing plan

Amazon.com Inc. is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to the sale of Saks products on its website and that its equity investment in the now bankrupt business is “presumptively worthless.”

15 Jan 2026-10:14
Chanel, Kering lead Saks Global’s top creditors

French luxury giant Chanel and Gucci owner Kering are the largest unsecured creditors of bankrupt U.S. department store Saks Global, with claims of $136 million and $60 million, respectively, according to court documents.

14 Jan 2026-17:33
Saks Global files for bankruptcy in major retail shake-up

High-end department store conglomerate Saks Global filed for bankruptcy protection late Tuesday, marking one of the largest U.S. retail collapses since the pandemic, just a year after a deal that united Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus under one roof.

14 Jan 2026-10:40