Must Read: Court Approves Saks Global's Bankruptcy Plan, The New School Conducts Layoffs – Latest Fashion Trends & Style Tips June 8, 2026 at 09:30PM
📰 Must Read: Court Approves Saks Global's Bankruptcy Plan, The New School Conducts Layoffs {% if EntryImageUrl and EntryImageUrl != "" %} {% endif %} ✨ Fashion Insights & Trends: These are the stories making headlines in fashion on Monday. Court Approves Saks Global's Bankruptcy Plan On Friday, the U.S. Bankruptcy Court for the Southern District of Texas approved Saks Global's reorganization plan. The approval allows Saks Global to exit chapter 11 bankruptcy in the coming weeks, thanks to significantly reduced debt and fresh capital to strengthen its operations. { Saks Global } The New School Conducts Layoffs The New School has laid off nearly 90 faculty and staff members as part of the university's restructuring. The school is suffering from low enrollment, which has forced it to cut costs. Many of the laid-off staff are reportedly tenured and faculty of color. The most recent laid-off employees have until December to continue working at the un...