Inside Saks Fifth Avenue's Luxury Personal Shopping Experience | 1st Look Presents: Extra Mile Club
1:44
YouTube1st Look on NBC
Inside Saks Fifth Avenue's Luxury Personal Shopping Experience | 1st Look Presents: Extra Mile Club
Designer shoes and colorful couture anyone? Step inside a fashion dream experience: the Fifth Avenue Club, a.k.a. an exclusive shopping suite at Sak's Fifth Avenue's flagship store in New York City — complete with personalized outfits, fresh fruit platters, and champagne toasts. Global luxury travel advisor Curtis Parris needs to find a ...
24.8K viewsJun 15, 2023
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Saks Fifth Avenue Haul
Saks Fifth Avenue, one of the most iconic names in American luxury retail, is facing a possible Chapter 11 bankruptcy as mounting debt and missed payments pressure the company’s future. Saks Global Enterprises is reportedly seeking up to $1 billion in emergency financing after failing to make a $100 million interest payment due in late December. The crisis comes after Saks’ acquisition of Neiman Marcus, which sharply increased its debt load just as the luxury retail market slowed. Industry exper
5:08
Saks Fifth Avenue, one of the most iconic names in American luxury retail, is facing a possible Chapter 11 bankruptcy as mounting debt and missed payments pressure the company’s future. Saks Global Enterprises is reportedly seeking up to $1 billion in emergency financing after failing to make a $100 million interest payment due in late December. The crisis comes after Saks’ acquisition of Neiman Marcus, which sharply increased its debt load just as the luxury retail market slowed. Industry exper
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