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Saks files for bankruptcy as its CEO sees 'defining moment' after multibillion-dollar Neiman Marcus takeover | Fortune
Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy.
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theguardian.com
Saks Global files for bankruptcy after takeover leads to financial collapse
Debt-riddled retail giant’s demise has cast uncertainty over the future of US luxury fashion
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cnbc.com
Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection
Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.
