Browsing: debt
Saks plans to file for bankruptcy as soon as Sunday as it crumbles under mounting debt: report
By Oguz Ozdemir
Saks Global Enterprises – which owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – is planning to file for Chapter 11 bankruptcy protection as soon…
Saks Global is reportedly headed toward bankruptcy after missing payment for the debt it took on to acquire Nieman Marcus. The largest luxury retailer in the…
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