Saks Global Gets Final OK On Over $1.2B In Ch. 11 Funding

By Alex Wittenberg · February 20, 2026, 4:09 PM EST

Luxury retailer Saks Global secured a Texas bankruptcy judge's approval Friday on more than $1.2 billion in Chapter 11 financing after reaching a deal with unsecured creditors, funds that Saks will...

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Bankruptcy Scorecard

Summary

The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection in a Texas bankruptcy court, declaring $3.4 billion in funded debt.

Case Number

4:26-bk-90103

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$3.4 billion

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Related Sections

Case Information

Case Title

Saks Global Enterprises LLC

Case Number

4:26-bk-90103

Court

Texas Southern

Nature of Suit

Date Filed

January 14, 2026

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