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.
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Retail
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
News & Analysis
HBC Looks to Saks Deal to Transform Luxury E-commerce in Canada
"Online retail is going to be a huge business for us,' he said last month. 'Right now many, many products in Canada can only be bought online through
HBC Looks to Saks Deal to Transform Luxury E-commerce in Canada
"Online retail is going to be a huge business for us,' he said last month. 'Right now many, many products in Canada can only be bought online through
News & Analysis
Saks Deal Is About Land as Much as Luxury
" Richard Baker grew up watching his father develop shopping malls. Now, the 47-year-old chief executive of Hudson's Bay Co. is buying the companies
Saks Deal Is About Land as Much as Luxury
" Richard Baker grew up watching his father develop shopping malls. Now, the 47-year-old chief executive of Hudson's Bay Co. is buying the companies
News & Analysis
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
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News & Analysis
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
News & Analysis
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
News & Analysis
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
News & Analysis
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
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News & Analysis
KKR Said to Weigh Push for Saks-Neiman U.S. Retail Merger
"KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is weighing an investment in Saks Inc. and may seek a merger with rival
KKR Said to Weigh Push for Saks-Neiman U.S. Retail Merger
"KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is weighing an investment in Saks Inc. and may seek a merger with rival
News & Analysis
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
News & Analysis
Best of British, Quality heritage, Saks beats estimates, Editorial investment, Future of prints
London fashion week showcases the best of British (Guardian) "This week Stella McCartney and Sarah Burton arrived on a catwalk previously ruled by
Best of British, Quality heritage, Saks beats estimates, Editorial investment, Future of prints
London fashion week showcases the best of British (Guardian) "This week Stella McCartney and Sarah Burton arrived on a catwalk previously ruled by
News & Analysis
Evolution of print, Luxury addresses CSR, Saks' online push, Stella to show in London, Abraham Moon's magic mills
Thinking, and Literally Looking, Very Big (IHT) "Of all the performer's covers, this Visionaire production, with its photograph of a slinky,
Evolution of print, Luxury addresses CSR, Saks' online push, Stella to show in London, Abraham Moon's magic mills
Thinking, and Literally Looking, Very Big (IHT) "Of all the performer's covers, this Visionaire production, with its photograph of a slinky,
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
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.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
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.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
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.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
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.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.