Consumer

Some Saks Vendors to Start Shipping Again After Bankruptcy Hit

A shopper inside a Saks Fifth Avenue store in New York.

Photographer: Bing Guan/Bloomberg

Several dozen brands will start shipping again to Saks Global Enterprises in the coming weeks, a positive initial sign that gives momentum to the iconic retailer as it seeks to survive bankruptcy and beyond.

“We’re planning to start approving orders for shipment next week,” Gary Wassner, chief executive officer of financing company Hilldun Corp., said in an interview.