Saks Global has secured an additional $300 million, completing its $1.75 billion pre-emergence financing to support operations and transformation.
The company is strengthening liquidity, improving inventory flow, and optimising stores and supply chains.
Nearly 600 brands have resumed shipments, boosting receipts.
Its reorganisation plan will be filed soon, as it focuses on long-term profitable growth.Saks Global has secured an additional $300 million, completing its $1.75 billion pre-emergence financing to support operations and transformation.
The company is strengthening liquidity, improving inventory flow, and optimising stores and supply chains.
Nearly 600 brands have resumed shipments, boosting receipts.
Its reorganisation plan will be filed soon, as it focuses on long-term profitable growth.
