Tag

bankruptcy

Stories tagged bankruptcy.

AI Tech / news / en / Aug 18, 2026, 05:24 UTC

Google Wins Spirit Airlines Data in Bankruptcy Sale for $10 Million

Google won a bankruptcy auction for Spirit Airlines' business data and software code for $10 million, and plans to use the assets to improve its AI models and products.

GoogleSpirit AirlinesbankruptcyAI training dataairline data
Retail / news / en / Jun 30, 2026, 05:20 UTC

Saks Global exits bankruptcy with streamlined stores and luxury focus

Saks Global has emerged from bankruptcy with a reduced store footprint and a renewed emphasis on high-end luxury to drive a sales recovery.

Saks Globalbankruptcyluxury retailrestructuringdepartment storessales revival
Retail / news / en / Jun 27, 2026, 13:04 UTC

Saks Global Emerges From Bankruptcy, Rebrands as Exemplar Luxury Group

Saks Global has exited Chapter 11 bankruptcy after completing a financial restructuring that cut roughly 75 percent of its debt. The company is now rebranding as Exemplar Luxury Group to signal a new chapter focused on growth and higher standards.

bankruptcyrestructuringluxury retailrebrandingSaks