#Bankruptcy #LuxuryRetail #SaksFifthAvenue
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Saks' bankruptcy filing creates uncertainty for iconic stores, suppliers and shoppers
NEW YORK (AP) -- An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores' suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global's minority investors.
#Bankruptcy #LuxuryRetail #SupplyChainChallenges
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Saks' bankruptcy filing creates uncertainty for iconic stores, suppliers and shoppers
An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores' suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global's minority investors
NEW YORK -- An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores' suppliers with unpaid bills and caused a rift with Amazon, one of Saks Global's minority investors.