Chargebacks Clamor: SEC Intensifies Probe Into Saks Fifth Avenue
The SEC has begun a formal investigation into Saks Inc. for alleged improper collections of markdown allowances at its SFA unit.
From This Issue
DALLAS — Victoria Royal could easily wax nostalgic about 50 years of making party dresses on Seventh Avenue, but company executives prefer to look ahead at how to bolster its $14 million business. Focusing on younger styles and evening…