Tag Archives: softening

Saks International chapter displays softening demand in luxurious magnificence

Saks International chapter displays softening demand in luxurious magnificence

Saks International, the dad or mum firm of Saks Fifth Avenue and Neiman Marcus, has formally filed for chapter safety. After a turbulent yr of rising debt, declining gross sales, and mounting operational difficulties, Saks has joined the ranks of high-profile retailers pressured to hunt Chapter 11 safety. A deal gone flawed Simply over a […]

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