Saks Global granted final approval for $1bn bankruptcy loan

Drapers Saks Global granted final approval for $1bn bankruptcy loan On 20 February, luxury department store group Saks Global, owner of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, received $1bn (£740m) in new funding after a US bankruptcy judge approved the loan to the company. The post Saks Global granted final approval for $1bn bankruptcy loan appeared first on Drapers.