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

In People, Reports, What's New by Jeff PrineLeave a Comment

People

New York—It’s only been a matter of hours since Saks Inc. announced its chairman/ceo and president/chief marketing officer would be leaving following Hudson’s Bay Company’s completion of its purchase, but already one name has been floated as the next president. According to reports out of London Fashion Week, Marigay McKee, …

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Nordstrom, Saks Q3 Profits Rise, Predict Better Q4 Sales

In Industry News, What's New by Accessories StaffLeave a Comment

Women are returning to buying full-price fashion classifications, especially dresses, footwear and fashion jewelry, according to quarterly sales reports from two leading better specialty retailers, Nordstrom and Saks Inc. Both reported profit increases in their third quarters and both expect their fourth quarter sales to rise in the mid-single digits. …