Abcnews.com June 27, 2026 • 00:06

Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name - ABC News - Breaking News, Latest News and Videos

By ANNE D'INNOCENZIO AP retail writer

Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name - ABC News - Breaking News, Latest News and Videos

Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent — and a new name

NEW YORK -- Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused… [+2077 chars]

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