Television shopping network QVC Group has held confidential talks with creditors to restructure its debt in bankruptcy, Bloomberg reported Tuesday (Feb. 10), citing unnamed sources. The company,...
Fictor Holding filed for bankruptcy protection in Brazil, with its holding company and a financing firm seeking to restructure 4 billion reais (about $763 million)...
Saks Global’s eCommerce unit, Saks OFF 5th Digital, gained a court’s permission to hire a liquidator and sell its inventory amid its bankruptcy, Bloomberg reported Friday (Jan....
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. The eCommerce giant accuses the company of breaking an agreement on the sale of Saks...
Luxury retail company Saks Global has declared bankruptcy amid mounting debts. The company, which owns Saks Fifth Avenue stores as well as department stores Bergdorf...
When small- to medium-sized businesses (SMBs) fail, the postmortem can often fixate on a single cause. With corporate bankruptcies, including those for SMBs, hitting a...
Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. The company, which owns Saks Fifth...
Earlier this year, private equity firm Onyx Partners announced plans to buy 117 JCPenney stores. But that $935 million deal, which Onyx said it is...