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March 25, 2026
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Retail

Saks Global draws additional funds from $1.75B bankruptcy financing package

March 17, 2026

The business’s retail and ecommerce operations remain unaffected for the time being. Image credit: Saks The funding provides Saks Global with sufficient liquidity to continue its operations. Image credit: Saks/Moncler

 

By Kiran Gill for Luxury Daily News Service

U.S. holding company Saks Global is making headway in its restructuring efforts following its bankruptcy announcement.

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