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iPhone 17 debuts with Pro Motion display, anti-reflective screen, and AI-ready upgrades
US solid-state batteries power Ducati motorcycle in world-first live demonstration
3.1 Phillip Lim Names Michelle Rhee Head of Design
110 MW: China rolls out giant gas turbine to power 3.6 million homes yearly
US nuclear firm gets funding to bury mini reactors a mile underground, saving 80%
Worldview | Tokyo Fashion Week Toasts Two Decades of Trailblazers
China’s Luxury Resellers Get Physical
US project funded to test long-lasting nuclear fuel for small, remote reactor
New bendable solar cells stay stable for 2,000 hours under heat and humidity

Tag: credit rating

Credit Rating Agencies Fashion and Luxury Retail Financial Management
Aria Patel

S&P Cuts Saks’ Credit Rating Over New Financing Package

S&P Downgrades Saks’ Credit Rating Following Financing Package Controversy Standard & Poor’s recent decision to downgrade Saks Fifth Avenue’s credit rating to CC, a substantial ten levels below investment grade, has sent shockwaves through the luxury retail industry. The move comes in response to the unveiling of a new financing package by the renowned retailer, […]

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