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The Fall of Saks: How the American Luxury Icon Unraveled

The Fall of Saks: How the American Luxury Icon Unraveled

요약

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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Long before shopping had an algorithm, it had Saks Fifth Avenue. For several generations of luxury buyers, Saks was the arbiter of elegance, glamour, and impeccably good taste. “Saks is New York,” D…

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