{"id":705976,"date":"2026-01-01T10:30:16","date_gmt":"2026-01-01T07:30:16","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/saks-global-headed-toward-bankruptcy-after-missing-debt-payment-report\/"},"modified":"2026-01-01T10:30:16","modified_gmt":"2026-01-01T07:30:16","slug":"saks-global-headed-toward-bankruptcy-after-missing-debt-payment-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/saks-global-headed-toward-bankruptcy-after-missing-debt-payment-report\/","title":{"rendered":"Saks Global headed toward bankruptcy after missing debt payment: report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a277b5a95ad4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a277b5a95ad4\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/saks-global-headed-toward-bankruptcy-after-missing-debt-payment-report\/#%E2%80%9CSaks_Global_headed_toward_bankruptcy_after_missing_debt_payment_report%E2%80%9D\" >&#8220;Saks Global headed toward bankruptcy after missing debt payment: report&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CSaks_Global_headed_toward_bankruptcy_after_missing_debt_payment_report%E2%80%9D\"><\/span>&#8220;Saks Global headed toward bankruptcy after missing debt payment: report&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<p>Saks Global is reportedly headed toward bankruptcy after missing payment for the debt it took on to acquire Nieman Marcus.<\/p>\n<p>The largest luxury retailer in the world, whose brands include Saks Fifth Avenue, Bergdorf Goodman and Saks off 5th, missed a $100 million payment to its bondholders on Tuesday and is in talks with creditors about financing a bankruptcy, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/finance\/saks-prepares-for-bankruptcy-after-missing-debt-payment-ff3df6d2?gaa_at=eafs&amp;gaa_n=AWEtsqeQAEdIzh7IaWB_e4awnjjXCW7zjMmq-r6cb7CVIHSCnDs5-FOi-nA-oBHIoVo%3D&amp;gaa_ts=6955950f&amp;gaa_sig=99ej-fXOyjwmyJ6hCUL7AzgxwVvY2D7SdLFOvRn2XYLClTOH6Ntaf5CTDHW0HkPus5Tpsk2mkPde05D6GJpWxw%3D%3D\" target=\"_blank\" rel=\"noopener\">according to The Wall Street Journal<\/a>.<\/p>\n<p>The Post has sought comment from Saks Global.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"38065504\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.49926794;display:block\" loading=\"lazy\" decoding=\"async\" data-modal-image=\"38065504\" width=\"885\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?w=1024\" alt=\"Saks Fifth Avenue holiday window displays at night, with people walking on the sidewalk.\" class=\"wp-image-38065504\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?quality=75&amp;strip=all 4000w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=300,200&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=768,512&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=1024,683&amp;quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=1536,1024&amp;quality=75&amp;strip=all 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=2048,1366&amp;quality=75&amp;strip=all 2048w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=600,400&amp;quality=75&amp;strip=all 600w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=878,585&amp;quality=75&amp;strip=all 878w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=744,496&amp;quality=75&amp;strip=all 744w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=720,480&amp;quality=75&amp;strip=all 720w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=576,384&amp;quality=75&amp;strip=all 576w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=457,305&amp;quality=75&amp;strip=all 457w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=440,293&amp;quality=75&amp;strip=all 440w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=424,282&amp;quality=75&amp;strip=all 424w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=389,260&amp;quality=75&amp;strip=all 389w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=360,240&amp;quality=75&amp;strip=all 360w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=340,227&amp;quality=75&amp;strip=all 340w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=320,213&amp;quality=75&amp;strip=all 320w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=314,209&amp;quality=75&amp;strip=all 314w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=306,204&amp;quality=75&amp;strip=all 306w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=280,187&amp;quality=75&amp;strip=all 280w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=260,174&amp;quality=75&amp;strip=all 260w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=246,164&amp;quality=75&amp;strip=all 246w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=234,156&amp;quality=75&amp;strip=all 234w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=195,130&amp;quality=75&amp;strip=all 195w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=180,120&amp;quality=75&amp;strip=all 180w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=171,114&amp;quality=75&amp;strip=all 171w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=160,107&amp;quality=75&amp;strip=all 160w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=144,96&amp;quality=75&amp;strip=all 144w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=107,71&amp;quality=75&amp;strip=all 107w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=93,62&amp;quality=75&amp;strip=all 93w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=84,56&amp;quality=75&amp;strip=all 84w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=60,40&amp;quality=75&amp;strip=all 60w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=105,70&amp;quality=75&amp;strip=all 105w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=81,54&amp;quality=75&amp;strip=all 81w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=200,133&amp;quality=75&amp;strip=all 200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=231,154&amp;quality=75&amp;strip=all 231w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=322,215&amp;quality=75&amp;strip=all 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=661,441&amp;quality=75&amp;strip=all 661w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=90,60&amp;quality=75&amp;strip=all 90w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=120,80&amp;quality=75&amp;strip=all 120w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=1200,800&amp;quality=75&amp;strip=all 1200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=87,58&amp;quality=75&amp;strip=all 87w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=50,33&amp;quality=75&amp;strip=all 50w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/new-york-ny-saks-fifth-94330251.jpg?resize=150,100&amp;quality=75&amp;strip=all 150w\" sizes=\"auto, (max-width: 885px) 100vw, 885px\"\/><figcaption>Saks Global, which owns Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, is preparing to file for bankruptcy protection. <span class=\"credit\">Stephen Yang<\/span><\/figcaption><\/figure>\n<p>The Big <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le company has struggled since its $2.7 billion acquisition of Neiman Marcus a year ago.<\/p>\n<p>It has been late on payments to its vendors, which has left stores short on some of the high-fashion brands customers look for at Saks Global\u2019s department stores, resulting in weak sales.<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<\/aside>\n<p>Revenues for the quarter ended Aug. 2 fell 13%.<\/p>\n<p>In June, Saks Global raised $600 million in capital to cover its debt payment and it has sought to sell a minority stake in Bergdorf to raise more funds.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><button class=\"button button--modal-trigger\" aria-label=\"Open the image in a modal.\" data-modal-image=\"38065503\"><br \/>\n\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"icon-plus\" fill=\"#fff\" viewbox=\"0 0 1033 1000\" width=\"1em\" height=\"1em\"><path d=\"M380 364V0h273v355h380v290H653v355H380V645H0V355h380v9z\"\/><\/svg><br \/>\n<\/button><br \/>\n<img style=\"aspect-ratio:1.49271137;display:block\" loading=\"lazy\" decoding=\"async\" data-modal-image=\"38065503\" width=\"881\" height=\"590\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?w=1024\" alt=\"Richard Baker\" class=\"wp-image-38065503\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?quality=75&amp;strip=all 3664w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=300,200&amp;quality=75&amp;strip=all 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=768,515&amp;quality=75&amp;strip=all 768w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=1024,686&amp;quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=1536,1030&amp;quality=75&amp;strip=all 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=2048,1373&amp;quality=75&amp;strip=all 2048w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=600,402&amp;quality=75&amp;strip=all 600w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=878,589&amp;quality=75&amp;strip=all 878w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=740,496&amp;quality=75&amp;strip=all 740w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=576,386&amp;quality=75&amp;strip=all 576w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=457,305&amp;quality=75&amp;strip=all 457w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=440,295&amp;quality=75&amp;strip=all 440w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=421,282&amp;quality=75&amp;strip=all 421w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=389,260&amp;quality=75&amp;strip=all 389w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=360,240&amp;quality=75&amp;strip=all 360w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=340,227&amp;quality=75&amp;strip=all 340w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=320,213&amp;quality=75&amp;strip=all 320w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=314,209&amp;quality=75&amp;strip=all 314w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=306,204&amp;quality=75&amp;strip=all 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https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=60,40&amp;quality=75&amp;strip=all 60w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=104,70&amp;quality=75&amp;strip=all 104w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=81,54&amp;quality=75&amp;strip=all 81w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=200,134&amp;quality=75&amp;strip=all 200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=231,155&amp;quality=75&amp;strip=all 231w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=322,216&amp;quality=75&amp;strip=all 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=658,441&amp;quality=75&amp;strip=all 658w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=90,60&amp;quality=75&amp;strip=all 90w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=119,80&amp;quality=75&amp;strip=all 119w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=1200,804&amp;quality=75&amp;strip=all 1200w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=87,58&amp;quality=75&amp;strip=all 87w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=50,34&amp;quality=75&amp;strip=all 50w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/canadian-department-store-chain-agreed-113025825.jpg?resize=150,101&amp;quality=75&amp;strip=all 150w\" sizes=\"auto, (max-width: 881px) 100vw, 881px\"\/><figcaption>Richard Baker engineered the $2.7 billion merger of Saks Fifth Avenue and Neiman Marcus. <span class=\"credit\">Corbis via Getty Images<\/span><\/figcaption><\/figure>\n<p>Saks Global executive chairman and real estate mogul Richard Baker long coveted Dallas-based Neiman Marcus, which filed for bankruptcy protection itself in 2020.<\/p>\n<p>But the merger coincided with a larger slump in demand for luxury goods. Saks Global has had several rounds of layoffs this year.<\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" >Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" target=\"_blank\" >News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2025\/12\/31\/business\/saks-global-headed-toward-bankruptcy-after-missing-debt-payment-report\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Saks Global headed toward bankruptcy after missing debt payment: report&#8221; Saks Global is reportedly headed toward bankruptcy after missing payment for the debt it took on to acquire Nieman Marcus. The largest luxury retailer in the world, whose brands include Saks Fifth Avenue, Bergdorf Goodman and Saks off 5th, missed a $100 million payment to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":705977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2025\/12\/118072609.jpg?quality=75&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[160165,4978,70669,75327,70584,72943,70470,72139],"class_list":["post-705976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-31-25","tag-bankruptcy","tag-fashion-designers","tag-luxury","tag-mergers-acquisitions","tag-neiman-marcus","tag-retail","tag-saks-fifth-avenue"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/705976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=705976"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/705976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/705977"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=705976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=705976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=705976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}