Saks Owner Raises $340 Million After Retailer Didn't Pay Vendors

Seven brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it monetised some real estate to help fund its retail operations.

Sylvain Stevant on LinkedIn: Saks Owner Raises $340 Million After

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Top headlines: Hudson's Bay owner raises $340 million from real

Top headlines: Hudson's Bay owner raises $340 million from real

Sylvain Stevant on LinkedIn: A Venise, Giorgio Armani nous parle

Top headlines: Hudson's Bay owner raises $340 million from real

Karen Marin on LinkedIn: Saks Owner Raises $340 Million After

H&M Sales Still Lag Pre-Pandemic Levels as Restrictions Bite

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