Luxury retail giant Saks files for bankruptcy
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Cartier is expected to keep gaining momentum in 2026. Yuriko Nakao/Getty Images First-time watch buyers are reshaping the luxury watch market with new purchasing trends in 2026. Younger consumers favo...
Several lower-cost EVs are coming to the states in 2026. It could help save electric cars from their worst quality: premium luxury prices. Josh Lefkowitz/Getty Images The EV industry has some problems...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...