Saks Global’s high-wire financial act is finally over.
The company, which just more than a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday — scram… [+12229 chars]
Saks Global Files for Chapter 11 Bankruptcy - WWD
Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, stepping in for Richard Baker, who stepped down.
By:Evan Clark, David Moin
Source:WWD
Published:
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