Bankruptcy court, citing Saks Global’s merchandising woes, approves $500M in exit financing

Bankruptcy court, citing Saks Global’s merchandising woes, approves $500M in exit financing

Summary

Judge Alfredo Pérez on Friday approved the plan, paving the way for the luxury retailer to start fresh with vendors — and customers.

Description

Judge Alfredo Pérez on Friday approved the plan, paving the way for the luxury retailer to start fresh with vendors — and customers.

Original reporting

AFBytes is a read-only aggregator. Use the original source for full context and complete reporting.

Open original source

Related coverage