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

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.
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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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