Just more than a year after the new luxury behemoth was formed, it announced it had filed for chapter 11 bankruptcy Just more than a year after the new luxury behemoth was formed, it announced it had filed for chapter 11 bankruptcy Every year, the stores down Manhattan’s Fifth Avenue dress up their windows at Christmastime. Tourists from all over the world come to gawk at all the glitter, lace, ruffles and bows. Saks’s Fifth Avenue location, so iconic that it’s embedded in the brand’s name, is