Saks Global Rescues Its Holiday with $350M in New Financing

Saks Said to Pursue Joint Venture to Expand Bergdorf Goodman

Saks is said to be exploring joint venture opportunities to expand Bergdorf Goodman amid its broader luxury reset.

Saks Global rescues its holiday with $350M in new financing

Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.

Where does Saks Global go from here?

After a turbulent period, Saks Global now has $350 million in financing commitments. There’s still a rocky road ahead, experts say.

Saks Global rescues its holiday with $350M in new financing – RetailWit

Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.

DESPITE OWING VENDORS $275M, SAKS GLOBAL REPORTS OPTIMISTIC FUTURE - MR Magazine

Saks' relationship with vendors continues to survive under strain as bondholder call reveals it ows them $275. The post DESPITE OWING VENDORS $275M, SAKS GLOBAL REPORTS OPTIMISTIC FUTURE appeared first on MR Magazine.

Saks Fifth Avenue Gets Some Good News

From Saks Fifth Avenue's financial news to Brooklyn and Nicola Peltz Beckham's new cover, discover all the chic news to know today.