Saks Inc.


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...]

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...]

Year in Review: Top Must-Read News from 2013

Hermes claimed victory this year in its long-running dispute with LVMH.

New York--If you had to name one subject that consistently made news throughout 2013, you would have to undoubtedly say … [Read more...]

Week in Review: News Not to Miss

In an effort to improve its financial situation, Sears Holdings announced it plans to spin off its Land's End business.

New York—While it may be Friday the 13th—a traditionally an unlucky day—most U.S. retailers are probably rejoicing and racking up … [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...]

Top Executives Named at Vera Bradley, Sorrelli, Dressbarn

Executive Moves

Vera Bradley Hires Former OFF Fifth President as CEO Fort Wayne, IN—Robert Wallstrom, a former executive with Saks Inc., has been … [Read more...]

Week in Review: Key Trends of Note

From left: Moschino Cheap and Chic, Prabal Gurung, Felder Felder

New York—Last week we were all about New York Fashion Week. This week is all about London Fashion Week and now Milan Fashion Week. … [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...]

NY Fashion Week in Review: 10 Things to Recall

Chambray

New York Fashion Week—TGIF!…although we have to admit despite running around to runways to the point of exhaustion, there’s always … [Read more...]

Hudson’s Bay Q2 Profit Misses, But Sales Rise

Hudson's Bay

Toronto—Hudson’s Bay Company reported today a second quarter profit below expectations and a sales increase helped by revamped … [Read more...]

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