
Week in Review: Saks Fifth Avenue struggles to pay vendors, Gucci sues retail partners
The Glossy Podcast
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Challenges Faced by Multi-Brand Retailers and Potential Reasons for Late Payments
The chapter discusses the challenges faced by multi-brand retailers and explores the reasons behind Saks Fifth Avenue's late payments to vendors. It suggests that adapting to technology and reducing costs are vital for survival in the luxury industry.
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