With Saks Global filing for Chapter 11 bankruptcy after failing to pay vendors and Ssense owing millions to its stocked brands amid its own financial troubles last year (to name just a couple recent retail crises), the fashion wholesale landscape may look pretty grim. But from retail veteran Nicholas Parnell's perspective, "wholesale is not dead." "Wholesale is important, but I think what wholesale is becoming, is changing," the founder of new London- and New York-based consultancy Agency Parnell tells Fashionista. Against a backdrop of geopolitical tensions, ongoing tariff turmoil and shifting consumer habits, the fashion industry is in flux. U.S. department stores are now reckoning with their stalled "bulk buying" strategies from the past five-to-10 years, Parnell says, which is paving the way for an updated approach to luxury wholesale. "When things soften, it creates room for new growth," he adds.…