Amazon.com Inc. and luxury groups including LVMH and Chanel Ltd. will serve on the official committee of unsecured creditors in the bankruptcy of Saks Global …
Tag
Showing: 1 - 19 of 19 RESULTS
Bankruptcy
Pat McGrath Labs Files for Bankruptcy
Pat McGrath Labs has filed for Chapter 11 bankruptcy protection in the Southern District of Florida, according to a petition filed on Jan. 22. On …
Saks Off 5th Digital to Liquidate Inventory While in Bankruptcy
The discount online arm of Saks Global Enterprises won court approval to hire a liquidator to sell its inventory separately from the rest of the …
Saks Global Poised to File for Bankruptcy, Kevin Hart Branches into Fashion and CFDA’s Preliminary NYFW Calendar
Image courtesy of cnbc.com It appears that Saks Global, which holds Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus, is looking to reorganize its debt …
Saks Global: When Bankruptcy Is Your Best-Case Scenario…
When Saks Global finally announced its bankruptcy filing this week after months of financial strain, it evoked less shock than relief from within the fashion …
Saks’ Bankruptcy and the Future of Luxury Retail | The Debrief
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: …
Saks Global Files for Bankruptcy After Monthslong Hunt for Cash
Saks Global has entered Chapter 11 bankruptcy protection, the company announced on Wednesday, in a fresh shock to a global luxury industry still struggling to …
Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
Beleaguered luxury retailer Saks Global is close to finalising $1.75 billion in financing with creditors that would allow its iconic Saks Fifth Avenue, Bergdorf Goodman …
Report: Saks’ CEO Baker to Exit Luxury Retailer Ahead of Bankruptcy
Saks Global Enterprises’ chief executive officer Richard Baker is departing less than two weeks after taking over the top job as the beleaguered luxury conglomerate …
Ssense Avoids Bankruptcy Sale as Founders Retain Control
Men’s Fashion Men’s Fashion News We independently evaluate all recommended products and services. Any products or services put forward appear in no particular order. if …
Here’s what to buy with your Saks’ credits as possible bankruptcy looms
Savvy shoppers can still bank on Saks’ bankruptcy. Luxury retailer Saks Global is reportedly planning to file for Chapter 11 bankruptcy as soon as Sunday, sparking concern among shoppers …
Report: Saks Eyes Filing for Chapter 11 Bankruptcy as Soon as Sunday
Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, according to people familiar with …
Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan
Lenders to Saks Global Enterprises are grappling with a pressing question as it hurtles toward bankruptcy: How much — if anything at all — should …
Report: Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open
Saks Global Enterprises is looking to line up a loan of as much as $1 billion to keep the business running as part of a …
Saks Global prepares for bankruptcy after missing debt payment
Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus acquisition, the Wall …
Saks Mulls Bankruptcy Year After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter …
Ssense to File for Bankruptcy Protection After Creditors Push for Sale
Ssense is filing for bankruptcy protection after what it described as an attempt by lenders to force a sale of the company, the Montreal-based e-tailer …
Claire’s Files for US Bankruptcy for Second Time in Seven Years
The tween jewellery and ear-piercing retailer Claire’s has declared bankruptcy in the US for the second time in seven years amid a slowdown in consumer spending and …
Tween Retailer Claire’s Considers Bankruptcy for US Operations
Claire’s Stores Inc. is considering a potential bankruptcy for its US operations, according to people with knowledge of the matter, as the former fixture of …