Balking At Saks Globals’ New Payment Terms, Beauty Brands Weigh Whether To Work With The Retailer
Saks Global, the newly formed parent company of Saks Fifth Avenue, Saks Off 5th, Neiman Marcus and Bergdorf Goodman, is trying to regain the trust of vendors by addressing its almost two-year delinquency on payments, but is simultaneously eroding it by introducing new payment terms disfavored by them. Under the new terms, which ... The post Balking At Saks Globals’ New Payment Terms, Beauty Brands Weigh Whether To Work With The Retailer appeared first on Beauty Independent.
Saks Global, the newly formed parent company of Saks Fifth Avenue, Saks Off 5th, Neiman Marcus and Bergdorf Goodman, is trying to regain the trust of vendors by addressing its almost two-year delinquency on payments, but is simultaneously eroding it by introducing new payment terms disfavored by them.
Under the new terms, which
...
The post Balking At Saks Globals’ New Payment Terms, Beauty Brands Weigh Whether To Work With The Retailer appeared first on Beauty Independent.
