Saks Fifth Avenue


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...]

Week in Review: Top Accessories, Retail Stories

stuartvevers

New York--Life has its ups and downs and this week had plenty of gains and losses. On the gain side, Saks Inc., parent to Saks … [Read more...]

Saks Inc.’s Latest Suitor: Lord & Taylor Owner Hudson’s Bay Co.?

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

Toronto—Neiman Marcus Inc.’s owners may have quashed the purported idea whereby Kohlberg Kravis Roberts would have taken a stake … [Read more...]

Saks Names Jennifer Aniston Ambassador for Key To The Cure

jenniferaniston

New York—Jennifer Aniston is used to making headlines for her films, TV shows and even who she’s dating. Now the actress hopes to … [Read more...]

Saks Inc. Beats Earnings Estimates Despite 38% Profit Decline

Saks Fifth Avenue flagship

New York—Saks Inc. today reported that its first quarter profit sank 38% from last year, but its adjusted figures actually beat … [Read more...]

Marc Jacobs, Saks Each Win 2 Prizes at Fashion 2.0 Awards

Robert Verdi and Simon Doonan at the 4th Annual Fashion 2.0 Awards

New York—Where better to honor tech-savvy individuals and companies at the 4th Annual Fashion 2.0 Awards than the School of Visual … [Read more...]

“Fashion Star” Returns to TV Friday, March 8

Nicole Richie always brings interest hair accessories fashion to the table

New York--Reality TV fashion fans, get ready, because "Fashion Star" returns to NBC this Friday! And unlike “Project Runway,” … [Read more...]

Saks Inc. Posts Q4 Profit Decline, But Still Beats Forecasts

Saks Fifth Avenue

New York—Despite sales at some of its Saks Fifth Avenue and Off Fifth stores being negatively affected by Superstorm Sandy, Saks … [Read more...]

Saks Inc. Q3 Profit Meets Expectations; “Optimistic” About Q4

10022-SHOE: Footwear was one of Saks Fifth Avenue's bestselling categories during third quarter.

New York—Saks Inc. reported today a “modest” 27% increase in its third quarter profit thanks to higher comparable store sales and … [Read more...]

Still Stifled By Storm After Effects, Some Retailers Reopen in New York

Barneys New York flagship on Madison Avenue opened Tuesday.

New York—Although nearly 6 million customers in the greater metropolitan area remain without power, some retailers and business … [Read more...]

New York’s Fashion District Paralyzed After Deadly Storm

Boarded up stores near South Street Seaport which sustained heavy flooding.

New York—As the last vestiges of what was once the mighty Hurricane Sandy linger, metropolitan New York City is trying to recover … [Read more...]