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This week, we take a look at the possibly impending Saks Global bankruptcy and what legal recourse the brands that are still owed money by the company may have. Also, new data from Adobe offers insight into the growing adoption of buy-now, pay-later platforms among fashion consumers. What will happen to brands if Saks goes under? Saks Global is in a rough spot. Since CEO Marc Metrick stepped down on January 3, rumors have swirled that the company is approaching bankruptcy. This comes less than two years after its billion-dollar merger with Neiman Marcus.This is a member-exclusive article from Glossy. Continue reading it on glossy.co and subscribe to continue reading content like this.
Work & Theory on January 8, 2026
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