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    Saks files for bankruptcy as luxury market struggles

    by admin January 15, 2026
    written by admin

    The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future …

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  • Business

    Warner Bros. Discovery rejects Paramount’s amended takeover offer

    by admin January 11, 2026
    by admin January 11, 2026

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    by admin December 20, 2025

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    by admin December 4, 2025

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