Sears Holdings Corp. got some breathing room as factoring firm CIT is said to be approving orders again.
Credit sources said that those approvals for vendor financing could begin as early as today. Terms of the deal between Sears and CIT were not immediately available, but contacts in the factoring and credit community said CIT was looking for more detailed information about Sears’ finances and even possibly requiring letters of credit for all orders.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)