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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 

August 05, 2024
Saks Fifth Avenue
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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 

August 05, 2024
Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of the brands it works with, fashion industry news source Glossy reported Monday (Aug. 5). “What I don’t understand is how you can get someone to give you a couple of […]