Going-out-of-business sales begin for legendary Saks Off 5th online after facing unusual breakup
THE digital operations of the legendary off-price Saks Off 5th brand are being dismantled with going-out-of-business sales now underway.
The liquidation of the e-commerce giant comes years after Saks Off 5th Digital’s unusual split from the brick-and-mortar arm.
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Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for bankruptcy in mid-JanuaryCredit: AFPSaks Off 5th Digital is officially liquidating as part of its parent company’s bankruptcy processCredit: AFP