Business of Fashion @bof ( my most trusted source for all fashion industry news ) recently published a major industry report on the decline of Saks, shedding light on the financial struggles affecting brands, vendors, and consumers alike. I shared this on my stories, but full credit goes to the fashion journalists who researched and reported this important piece. My hope is that this helps you become a more informed consumer and understand the realities behind the luxury retail & fashion industry. I hope Saks will find a better way.