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bankruptcy

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Image for L'Oreal explores unloading chemical-related liabilities, WSJ reports
Finance

L'Oreal explores unloading chemical-related liabilities, WSJ reports

Oct 5 (Reuters) - L'Oreal has engaged restructuring advisers to explore options for rising US legal...

6th October, 2026

Image for Latvia's airBaltic gambled by filing for US bankruptcy, prime minister says 
Finance

Latvia's airBaltic gambled by filing for US bankruptcy, prime minister says 

By Andrius Sytas RIGA, Sept 30 (Reuters) - Latvian Prime Minister Andris Kulbergs said in an intervi...

30th September, 2026

Image for Ex-billionaire Benko convicted at Austrian retrial, sentence increased
Finance

Ex-billionaire Benko convicted at Austrian retrial, sentence increased

VIENNA, Sept 22 (Reuters) - An Austrian court found former property tycoon Rene Benko guilty on an a...

22nd September, 2026

Image for Factbox-What to know about airBaltic as Latvia's flag carrier files for Chapter 11
Finance

Factbox-What to know about airBaltic as Latvia's flag carrier files for Chapter 11

Sept 14 (Reuters) - Latvia's airBaltic said on Monday it had voluntarily filed for Chapter 11 bankru...

14th September, 2026

Image for Lyten says auto deals will take time as it takes over Northvolt assets
Headlines

Lyten says auto deals will take time as it takes over Northvolt assets

By Marie Mannes STOCKHOLM, Feb 27 (Reuters) - Lyten will initially target markets such as energy sto...

27th February, 2026

Image for Italy's Cucinelli says it resumed shipments to Saks at end-January
Finance

Italy's Cucinelli says it resumed shipments to Saks at end-January

MILAN, Feb 18 (Reuters) - Italian luxury group Brunello Cucinelli said it resumed shipments to Saks...

18th February, 2026

Image for In the fight for early payouts from bankrupt Saks, big luxury brands have the edge
Finance

In the fight for early payouts from bankrupt Saks, big luxury brands have the edge

By Nicholas P. Brown NEW YORK, Jan 30 (Reuters) - Some of the world’s biggest luxury brands are quie...

30th January, 2026

Image for Analysis-To survive, Saks must court the slightly-less-wealthy
Finance

Analysis-To survive, Saks must court the slightly-less-wealthy

By Nicholas P. Brown NEW YORK, Jan 15 (Reuters) - Saks Global, the iconic and now-bankrupt luxury re...

15th January, 2026

Image for Saks Global leans on real estate to keep doors open during bankruptcy (Jan 14)
Finance

Saks Global leans on real estate to keep doors open during bankruptcy (Jan 14)

By Juveria Tabassum Jan 14 (Reuters) - Saks Global's prime real estate portfolio could serve as a cr...

14th January, 2026

Image for Chanel, Kering top luxury who's who of Saks Global unsecured creditors
Finance

Chanel, Kering top luxury who's who of Saks Global unsecured creditors

By Alessandro Parodi, Elisa Anzolin and Tassilo Hummel Jan 14 (Reuters) - French luxury brand Chanel...

14th January, 2026

Image for German business lobby raises alarm over highest number of bankruptcies in 11 years
Finance

German business lobby raises alarm over highest number of bankruptcies in 11 years

BERLIN, Jan 12 (Reuters) - Germany is experiencing an alarmingly high number of company bankruptcies...

12th January, 2026

Image for Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports
Finance

Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports

Jan 9 (Reuters) - Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon...

9th January, 2026