Cucinelli Says It Resumed Shipments to Saks at End of January

Italian luxury group Brunello Cucinelli said it resumed shipments to Saks Global at the end of January, receiving regular payments, and saw no financial hit in 2026 from the US luxury retailer’s bankruptcy.

Saks Global — owner of Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks ​Off ⁠5TH — filed for Chapter 11 creditor protection in mid‑January as it struggled ⁠under a debt load stemming from Saks owner Hudson’s Bay Company’s acquisition of Neiman Marcus in late…