May 23, 2005 Issue #36

Cover Story

At What Price, Chargebacks?

While the industry grapples with the shifting tides of free trade — safeguard actions, pronouncements about the valuation of the yuan, the battle over CAFTA — another event is unfolding that could have wide-ranging consequences for the business. That, of course, is the Saks Fifth Avenue chargeback imbroglio, which so far has produced two lawsuits, one $21.