Saudi Princess in fashion fall-out
Submitted by DA on Wednesday, 17 June 2009View Comments
A powerful Saudi princess is making news in the fashion industry for backlog of payments on a ‘high-end shopping spree’ for nearly a year. Now fashion boutiques have gone the legal way to recover the debts.
Global media outlets have gone full steam and are reporting apparent US$ 24 million in outstanding bills. Each visit to niche boutiques has ended in nearly US$ 100-200,000 of reciepts.
