The factor feels designers' pain but continues to support the new luxury tie-up, which includes both Saks Fifth Avenue and Neiman Marcus.

State's food and fashion industries amid President Donald Trump's tariff announcements. On Madison Avenue of Manhattan's Upper East Side, where luxury boutique clothing stores line the street, black ...

The risks and benefits of selling to Saks. Gary Wassner, CEO of Hilldun Corp, a factoring company that helps smooth ou ...

There are few people as plugged in to the daily give-and-take of financing high fashion as Gary Wassner, chief executive officer of Hilldun Corp. For generations, the factoring company has helped ...