Drapers Fashion retail industry news, trends and analysis
Saks Global granted final approval for $1bn bankruptcy loan
Digital Edition: Saks Global granted final approval for $1bn bankruptcy loan
On 20 February, luxury department store group Saks Global, owner of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, received $1bn (£740m) in new funding after a US bankruptcy judge approved the loan to the company.
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