Unpacking Saks Global’s Post-Bankruptcy Plan
sourab26 The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership,…
investment
Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat
The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy. Source link
How Big Luxury Is Rewiring for the Future
Under scrutiny from top managers and investors, LVMH, Kering and Richemont are re-examining their brand portfolios, organisational structures and store networks. Source link