January 22, 2026|News
By: Evan Clark
“Now that Saks Global unlocked the first $500 million tranche of its financing, the company has to quickly reestablish itself with vendors.
Attorney Oren Bitan, a partner at Buchalter, said ‘repairing’ with vendors big and small is the priority now.
‘The list of creditors is huge,’ said Bitan, adding that van Raemdonck and his top deputies, Darcy Penick and Lana Todorovich, have good relationships with the brands.”
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