SAKS Global reveals US$100 million losses

SAKS Global told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it announced a $350 million financial lifeline ahead of a looming coupon payment. The luxury retailer has $275 million in overdue payments […]

Jun 3, 2025 - 11:25
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SAKS Global reveals US$100 million losses
SAKS Global told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it announced a $350 million financial lifeline ahead of a looming coupon payment. The luxury retailer has $275 million in overdue payments […]