Seven brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it monetised some real estate to help fund its retail operations.
Luxury retailer Saks reportedly bids $3 billion to take over rival Neiman Marcus
Sylvain Stevant on LinkedIn: A Venise, Giorgio Armani nous parle de sa carrière, son ADN, ses pairs et…
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Doug Stephens on LinkedIn: launches Care, a virtual medical clinic for employees
Inside BoF's Lululemon Investigation
Saks Owner Raises $340 Million After Retailer Didn't Pay Vendors For Months, Sources Say
The Business of Fashion on LinkedIn: Saks Owner Raises $340 Million After Retailer Didn't Pay Vendors For…
The Power 100 – Commercial Observer
Saks Operator HBC in Talks to Raise Liquidity, Refinance Loan
Saks to Vendors: We Have Sufficient Liquidity
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