Saks is in Chapter 11, L Catterton is burdened, Ferragni acquitted

Saks is in Chapter 11, L Catterton is burdened, Ferragni acquitted

A major retail chain (Saks Global) is wobbling and causing its creditors to tremble. An influential investment fund (L Catterton, burdened with brands it would now gladly part with) that, in hindsight, hasn’t always hit the mark with its investments. A fashion entrepreneur (Chiara Ferragni) who exits a legal case at a time when her…

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