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Saks Global $600M deal with bondholders includes $200M in new financing

Retail Dive

With this deal, the department store company will not pursue the $350 million in financing that was slated to close Monday. Dive Insight: Saks Global’s bondholders appear to be jockeying for position at an uncertain time for the newly minted department store conglomerate. You can unsubscribe at anytime.

Finance 69
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Ulta Beauty CFO Paula Oyibo exits

Retail Dive

Oyibo is not the only executive to depart since Ulta switched chief executives in January. Also in the past six months, Chief Store Operations Officer Amiee Bayer-Thomas was named chief retail officer and Ulta brought on Revolution Beauty’s CEO as its new chief merchandising officer. You can unsubscribe at anytime.