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A US bankruptcy judge on Friday gave final approval to Saks Global’s bankruptcy financing, which provides $1 billion in new funding to the company, after Saks reached deals with luxury brand vendors that had raised concerns about goods shipped to the retailer before it went bankrupt.
Saks received initial pushback on its bankruptcy financing from brands such as Dolce & Gabbana, as well as landlords and Amazon.com, which had partnered with Saks on an online sales platform. But…
