Category : Search result: Saks bankruptcy


Saks Considers Bankruptcy as $100M Payment Looms

Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.

Cadillac Fairview Sues Hudson's Bay Over Saks Stores

Major Canadian property developer Cadillac Fairview takes legal action against Hudson's Bay Company over former Saks Fifth Avenue retail locations. Get the full story on this high-profile commercial dispute.

Sonder: From McGill dorm startup to bankruptcy

The dramatic rise and fall of Sonder, the Montreal-born hospitality startup that challenged Airbnb before filing for bankruptcy in 2025. Learn how a student side hustle became a billion-dollar company.

Hudson's Bay Sells Churchill Painting in Art Auction

The bankrupt Hudson's Bay Company liquidates its fine art collection, featuring Winston Churchill's rare 'Marrakech' painting valued at $400,000-$600,000. Discover Canadian history through art.

How Lenders Spotted Red Flags at First Brands

Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.

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