• Home
  • Tags
  • restructuring

restructuring news and archive

FeaturedMember
Business

Saks Global rebrands as Exemplar Luxury Group as it exits bankruptcy under new ownership

Saks Global announced the successful completion of its restructuring process, emerging from Chapter 11 under new ownership, with a new name: Exemplar Luxury Group (ELG). The department store group stated that it has reduced its debt by 75 percent, secured sufficient liquidity, and has the full backing of its capital partners and other...

loading...

FeaturedMember
Retail

Restructuring retail: Lifeline or legalised pause button?

Store closures, rent cuts, and creditor cramming – restructuring plans have become a familiar headline in UK retail. But beyond the legal jargon, questions are mounting: Are these plans really turning businesses around, or simply buying time? And is the sector offloading its problems onto landlords, rather than fixing what is broken? River...

loading...