Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

The New York filing could value the company at $1.6 billion or more.

The New York filing could value the company at $1.6 billion or more.

The company expects to offer 36.7 million shares priced between $14 and $16, giving it a market value of about $6.17 billion.

The company expects to offer 36.7 million shares priced between $14 and $16, giving it a market value of about $6.17 billion.

The firm could raise around $300 million in the planned offering, according to sources familiar with the matter.

The firm could raise around $300 million in the planned offering, according to sources familiar with the matter.

The company plans to go public amid a resurgence in denim sales and as the 166-year-old brand is finding success among younger customers with fashion collaborations and high-tech customisation options.

The company plans to go public amid a resurgence in denim sales and as the 166-year-old brand is finding success among younger customers with fashion collaborations and high-tech customisation options.

The 145-year old jeans company is seeking to return to the public markets after more than three decades.

The 145-year old jeans company is seeking to return to the public markets after more than three decades.

The company, valued at $745 million, has sent out a request for proposals to prospective advisors and underwriters to manage the listing this year.

The company, valued at $745 million, has sent out a request for proposals to prospective advisors and underwriters to manage the listing this year.

Instead of naming the planned publicly traded company after one of its iconic American brands, like Lee or Wrangler, the apparel maker will call the spinoff Kontoor Brands Inc.

Instead of naming the planned publicly traded company after one of its iconic American brands, like Lee or Wrangler, the apparel maker will call the spinoff Kontoor Brands Inc.

Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.

Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.

Wells Fargo, UBS and Deutsche Bank are among the firms that issued a buy rating on the company.

Wells Fargo, UBS and Deutsche Bank are among the firms that issued a buy rating on the company.

Almost one month after its blockbuster IPO, the fashion unicorn dropped below its debut price of $20 per share in intraday trading.

Almost one month after its blockbuster IPO, the fashion unicorn dropped below its debut price of $20 per share in intraday trading.

"Influencers are one of the underpinnings of Revolve’s growing sales of clothes to young women."

"Influencers are one of the underpinnings of Revolve’s growing sales of clothes to young women."

The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.

The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.