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The Fall of Saks: How the American Luxury Icon Unraveled

Robb Report 04 October 2026 7h ago
The Fall of Saks: How the American Luxury Icon Unraveled
61
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
3/15
Relevance Freshness Authority Brand Depth
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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