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Tok&Stok Owner Wins Court Shield as Debt Reaches $215 Million

Business Key Facts —The ruling. A São Paulo court has approved judicial recovery for Grupo Toky. —The owner. Toky owns the furniture chains Tok&Stok and the digital retailer Mobly. —The debt. The…

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Saks Global Emerges From Bankruptcy, Rebrands as Exemplar Luxury Group

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Saks Global emerges from bankruptcy as Exemplar Luxury Group with fewer stores and reduced debt

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