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Saks Seeks US$1 Billion Loan for Potential Bankruptcy Filing
By MBN Staff - Wed, 01/07/2026 - 07:36
Saks Global seeks a US$1 billion loan for a potential bankruptcy filing following a missed US$100 million payment and the appointment of a new CEO.
https://mexicobusiness.news/tag/luxury-goods
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Ferrari Stock Up 44% YTD on Strong Growth, Low China Reliance
By MBN Staff - Thu, 08/29/2024 - 17:56
Ferrari’s stock has surged 44% YTD due to strategic decisions, strong performance, and low reliance on China
SwissCham Mexico: Empowering Swiss-Made Success in Mexico
By Adriana Alarcón - Mon, 06/24/2024 - 11:30
Promoting the excellence of Swiss-made products and standards opens many doors, says Karina Lerma, president of SwissCham Mexico.
Mexico, Japan Strengthen Investment in Scallop Processing
By MBN Staff - Tue, 04/02/2024 - 08:59
Mexico and Japan will strengthen investments in scallop processing in Ensenada, Baja California.