Shoppers outside Saks Fifth Avenue store in New York, US. Photo: Bloomberg
The French luxury brand Chanel and Gucci-owner Kering top the list of unsecured creditors of the bankrupt US department store Saks Global, with claims of $136m (€116m) and $60m respectively, court documents show.
Saks filed for bankruptcy protection yesterday in one of the largest retail collapses of recent times.
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