Saks Fifth Avenue


Sales Surge Helps Hudson’s Bay Co. Narrow Q2 Loss

bay days

Toronto—Canadians are jumping all over Hudson's Bay Co. discount brand Saks Fifth Avenue Off 5th. Saks Fifth Avenue Off 5th … [Read more...]

Hudson’s Bay Swings into Q1 Profit on Sales Boost

Hudson's Bay

Toronto—Hudson’s Bay Company reported Tuesday that it swung into first quarter profit thanks to more than doubling its retail … [Read more...]

Hudson’s Bay Co. Q4 Profit Down on Costs, Sales Up 73.6%

Hudson's Bay

Toronto—Hudson’s Bay Company today reported that its fourth quarter profit plunged 67% as expenses rose, but net sales also rose … [Read more...]

Week in Review: Don’t Miss These Stories

Super Bowl

New York—While we’ll all have to wait until Sunday night to find out whether the Denver Broncos or the Seattle Seahawks win this … [Read more...]

HBC to Open 2 Saks Fifth Avenue Stores in Toronto

HBC

Toronto—When Hudson’s Bay Company bought Saks Inc. last summer for $2.4 billion, speculation arose about how many Saks Fifth … [Read more...]

Q3 Loss Widens at Hudson’s Bay on Saks Acquisition

Hudson's Bay

Toronto— Hit by expenses associated with its acquisition of Saks Inc., Hudson’s Bay Company today said it swung into a wider third … [Read more...]

HBC Names McKee as Saks Inc. President

Marigay McKee

New York—Hudson’s Bay Company confirmed Monday that Marigay McKee will soon be president of Saks Inc. when HBC’s $2.4 billion deal … [Read more...]

Sadove, Frasch to Depart Saks; Harrod’s Exec the Next President?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

New York—It’s only been a matter of hours since Saks Inc. announced its chairman/ceo and president/chief marketing officer would … [Read more...]

Saks Inc. Swings into Larger-Than-Expected Q2 Loss

Proenza Schouler handbags at Saks Fifth Avenue

New York—While Saks Inc. has 40 days to find another company to outbid Hudson’s Bay Company’s $16 a share (about $2.4 billion) … [Read more...]

Retail Analysts Debate Hudson’s Bay Bid for Saks Inc.

Saks-Fifth-Avenue-identity-packaging-Pentagram-OCD

New York—Analysts are taking a mixed view of the $2.9 billion Hudson’s Bay Company (HBC) acquisition of Saks Inc., with one saying … [Read more...]

Hudson’s Bay Company to Buy Saks Inc. for $2.4 Billion

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

Toronto and New York—Hudson’s Bay Company confirmed today that it plans to buy Saks Inc. in a $2.4 billion deal that will bring … [Read more...]

Week in Review: Articles to Recall

Legendary model Lauren Hutton appears in Lucky Brands' Fall '13 ad campaign

New York—We learned a lot about luxury this week. LVMH and Kering, two of the largest luxurygoods conglomerates, reported their … [Read more...]