Saks Global files for bankruptcy protection

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | Reuters Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for bankruptcy protection after running out of cash and failing…

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Australian Open live: Novak Djokovic continues quest for 25th major, Nick Kyrgios makes long awaited return

Jan 21, 2026, 06:26 pm ET MELBOURNE, Australia — Australian Open second-round action gets underway at Melbourne Park on Thursday with the 10-time champion novak djokovic And last year’s winners, Janic Sinner And madison keysEveryone is involved in a busy schedule. Naomi OsakaThe 2019 and 2021 Australian Open champion will also play her second-round match…

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Shein’s UK sales jump 32% in 2024 as Hong Kong IPO nears

A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024.  Temilade Adelaja | Reuters Shein’s U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday. The online fast-fashion retailer’s pre-tax profit…

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