US luxury retailer Saks weighs bankruptcy a year after raising billions for turnaround

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TheStraitsTimes Singapore 2h

US luxury retailer Saks weighs bankruptcy a year after raising billions for turnaround

NEW YORK – Saks Global Enterprises, facing limited options ahead of a more than US$100 million (S$129 million) debt payment due at the end of December, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation. The struggling luxury retailer is also »»»

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