Saks Global Explores Bergdorf Goodman Sale That Would Ease Debt Burden
Updated 6:04 p.m. ET Sept. 18 Saks Global is thinking hard about selling off part of its crown to refill its purse — if it can. WWD has learned that…
Sleep Debt Is Real—And Here’s How to Fix It
Many things—both serious and unserious—have kept us up late at night. Worrying about a looming recession. Feeling helpless as the world continues to devolve. Crying over your escapism show turning…
LuisaViaRoma Files for Debt Restructuring Amid Luxury Retail Hurdles
MILAN — LuisaViaRoma has filed for protection measures with a Florence Court and the Italian Chamber of Commerce, paperwork reviewed by WWD revealed. The fashion e-tailer has not been immune…
Kering’s New CEO Should Curb Debt, Streamline Management: Bernstein
Luca de Meo won’t arrive as Kering’s new chief executive officer until mid-September, but luxury analysts are already drafting a to-do list for him. In a research note Wednesday, Bernstein…
Macy’s Inc. Refinances and Eases Debt Load
Macy’s Inc. is refinancing to ease its debt obligations. On Monday, Macy’s said that a subsidiary would offer $500 million worth of unsecured senior notes due 2033, in a private…
Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The accessories firm — which sells an assortment…