Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

What you measure is what you get. In a highly unpredictable post-Covid fashion market, business leaders need the right metrics to track the strength of their brands and make informed decisions quickly, mobilise teams and craft a narrative for investors.

What you measure is what you get. In a highly unpredictable post-Covid fashion market, business leaders need the right metrics to track the strength of their brands and make informed decisions quickly, mobilise teams and craft a narrative for investors.

Private traffic channels have boosted sales for homegrown brands, but many international players have yet to take the plunge. Here’s what they can learn from the locals.

Private traffic channels have boosted sales for homegrown brands, but many international players have yet to take the plunge. Here’s what they can learn from the locals.

The company reported a slump in sales after confirming customers were exposed to a data hack last month.

The company reported a slump in sales after confirming customers were exposed to a data hack last month.

At many magazine publishers, data has become more important than the content itself, argues Amy Odell.

At many magazine publishers, data has become more important than the content itself, argues Amy Odell.

"Loyalty programs, as they shift from paper and plastic to apps and websites, are increasingly tracking a currency that can be more valuable than how

"Loyalty programs, as they shift from paper and plastic to apps and websites, are increasingly tracking a currency that can be more valuable than how

Wylie has signed a consultancy contract to help H&M get better data insights on customers, products and markets.

Wylie has signed a consultancy contract to help H&M get better data insights on customers, products and markets.

Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.

Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.

Macy’s contacted customers that may have been impacted by the breach and said it was offering consumer protection services to them at no cost.

Macy’s contacted customers that may have been impacted by the breach and said it was offering consumer protection services to them at no cost.

This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.

This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.

The Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores on Sunday.

The Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores on Sunday.

Data from card payments in some of the stores in North America has been compromised.

Data from card payments in some of the stores in North America has been compromised.

The athletic apparel maker — which bought MyFitnessPal in 2015 for $475 million — suffered the largest data breach this year and one of the top five to date.

The athletic apparel maker — which bought MyFitnessPal in 2015 for $475 million — suffered the largest data breach this year and one of the top five to date.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.