Saks Owner Raises $340 Million After Retailer Didn't Pay Vendors

Seven brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it monetised some real estate to help fund its retail operations.

Cathaleen Chen on X: a little clarity over saks' vendor crisis, i hope

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Saks to Vendors: We Have Sufficient Liquidity

Sylvain Stevant on LinkedIn: Louis Vuitton's CEO Answers Key

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What Credit Sources Say About Who's Demanding Markdown Money in Retail

Saks CEO Talks Financial Results, Late Payments & Raising Money

Liz Rodbell Returns to HBC After Sophia Hwang-Judiesch Departs

Doug Stephens on LinkedIn: #bofvoices #fashion #retail

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Inside BoF's Lululemon Investigation