Saks Fifth Avenue


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...]

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...]