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Saks Global files for chapter 11 with $1.75 billion lifeline, and a familiar turnaround playbook
Fashion
Saks Global files for Chapter 11, with a $1.75 billion lifeline and familiar turnaround playbook
By Zofia Zwieglinska
Jan 14, 2026

Saks Global enters Chapter 11 with $1.75 billion in committed capital and a familiar leadership team, raising questions about vendor trust, restructuring outcomes and the future of luxury department stores.

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