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The Fall of Saks: How the American Luxury Icon Unraveled

Robb Report·October 4, 2026·1 min read
The Fall of Saks: How the American Luxury Icon Unraveled

AI Summary

For much of the past century, Saks Fifth Avenue set the standard for luxury in the United States. Then came the billions in debt, the empty racks, and a bankruptcy that left designers unpaid and shoppers confused.

From the source

For much of the past century, Saks Fifth Avenue set the standard for luxury in the United States. Then came the billions in debt, the empty racks, and a bankruptcy that left designers unpaid and shoppers confused.

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View original at Robb Report

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