Fashion Law Network

← Fashion Law Network1 mrt · 22 min

The Unraveling of Saks Fifth Avenue

The Unraveling of Saks Fifth Avenue1 mrt22 min

<p>This episode is all about the luxury Saks Fifth Avenue department store and the recent chapter 11 bankruptcy filing. I break down how Saks Global went from Manhattan icon to bankruptcy court in record time, drowning in junk bonds, unpaid vendor bills, and a &#39;death spiral&#39; of empty shelves and what a stripped-down, restructured future looks like for high-end retail. Enjoy and thank you for listening! </p>