The equity investment is a total loss. However, with regard to the revenue share, Amazon, according to court filings, ...

Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy ...

Amazon said its $475M stake in Saks is 'presumptively worthless' and that it may seek 'more drastic remedies' if Saks doesn't ...

In 2024, Amazon took a 23% stake in the entity formed by Saks that acquired Neiman Marcus, taking on a major role in backing ...

Amazon is very upset with luxury retailer Saks Global. The ecommerce giant Amazon is pushing back against Saks Global's ...

A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks ...

Amazon is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to ...

Amazon said Saks "burned through hundreds of millions of dollars" in the lead-up to its recent bankruptcy filing.

The e-commerce giant’s complaints could signal a long and contentious bankruptcy process for the luxury company.

The web giant, joined by some fashion brands, argued that the company’s bankruptcy funding plan stripped value away from the ...

Amazon challenges Saks’ Chapter 11 financing, warning a $1.75B deal could harm unsecured creditors and make its equity stake ...

Amazon is challenging Saks’ recent bankruptcy filing after investing hundreds of millions of dollars in the department store ...