Saks Global has secured $500 million in exit financing under a restructuring support agreement as it progresses through Chapter 11, targeting emergence by summer. The company is advancing its reorganisation plan, strengthening brand partnerships and inventory flows, with over 650 brands resuming shipments. Improved inventory has boosted customer engagement, while it aims for double-digit EBITDA ma

US’ Saks Global secures $500 mn as it eyes post-bankruptcy exit
Fibre2Fashion Fashion News·Fibre2Fashion Fashion News··1 min read
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