<div id="readability-page-1"><div><p>This is one of the largest bankruptcies in luxury retail since the pandemic. On Tuesday evening, Saks Global, parent company of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, filed for bankruptcy in the United States. The group reported between $1bn and $10bn in assets and liabilities to the Houston bankruptcy court. The filing comes less than a year after a $2.7bn merger with Neiman Marcus, backed by Amazon, Salesforce and Authentic Brands, which was intended to create a US champion in upmarket retail.</p><p> Behind the scenes, a $1.75bn rescue plan is taking shape. According to Reuters, this includes a $1bn emergency loan led by Pentwater Capital Management and Bracebridge Capital, as well as a $250m asset-backed facility. If the restructuring succeeds, Saks Global could raise up to aother $500m to support its turnaround. The goal is to keep stores operating and avoid an outright liquidation.</p><h2> Luxury brands highly exposed</h2><p>However, the collapse is weakening the entire luxury supply chain. Unsecured creditors include Chanel ($136m), Kering ($60m) and LVMH ($26m). As major brands increasingly focus on direct-to-consumer sales and online retail giants take market share, Saks' debacle highlights the limits of the traditional department-store model.</p></div></div>

路易威登(ADR)

开云(ADR)

<p>Saks Global，Saks Fifth Avenue 的母公司，申请破产，标志着奢侈品零售领域的一个重大事件。该公司报告的资产和负债在 10 亿到 100 亿美元之间。一个 17.5 亿美元的救助计划正在制定中，其中包括 10 亿美元的紧急贷款。破产对香奈儿、开云和 LVMH 等奢侈品牌产生影响，面临大量无担保债权人的索赔。这一情况凸显了传统百货商店在向直接面向消费者销售转型过程中所面临的挑战</p>

香奈儿、开云和路易威登在 Saks 破产后遭遇重大损失