Saks Global Secures $1.75 Billion Of Committed Capital
Jan 14 (Reuters) -
SAKS GLOBAL SECURES $1.75 BILLION OF COMMITTED CAPITAL AND ANNOUNCES RETURN OF INDUSTRY VETERANS TO ADVANCE TRANSFORMATION OF ICONIC LUXURY PORTFOLIO
SAKS- FORMER NEIMAN MARCUS GROUP CEO GEOFFROY VAN RAEMDONCK NAMED SAKS GLOBAL'S CEO
SAKS GLOBAL - FORMER NEIMAN MARCUS GROUP CEO GEOFFROY VAN RAEMDONCK NAMED SAKS GLOBAL'S CEO, JOINING CFO
SAKS GLOBAL: UPON COURT APPROVAL, $1 BILLION OF DEBTOR-IN-POSSESSION FINANCING FROM AD HOC GROUP
SAKS GLOBAL - AD HOC GROUP HAS ALSO COMMITTED $500 MILLION OF FINANCING TO BE AVAILABLE TO COMPANY UPON EMERGENCE, WHICH IS EXPECTED LATER THIS YEAR
SAKS GLOBAL - STORES AND ECOMMERCE ACROSS SAKS FIFTH AVENUE, NEIMAN MARCUS, BERGDORF GOODMAN, SAKS OFF 5TH, LAST CALL, HORCHOW ARE OPEN
SAKS GLOBAL: MAKE GO-FORWARD PAYMENTS TO VENDORS, AND CONTINUE EMPLOYEE PAYROLL AND BENEFITS
SAKS GLOBAL - RICHARD BAKER STEPPED DOWN FROM HIS ROLE AS EXECUTIVE CHAIRMAN AND CEO OF SAKS GLOBAL, EFFECTIVE JANUARY 13.
Further company coverage: [ ]
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
