Hints and tips:
...Fifth Avenue, Neiman Marcus and Harvey Nichols....
...First, Hudson’s Bay Company (HBC), the owner of Saks Fifth Avenue, said it would split the luxury department store’s website into a separate business. Now Macy’s is looking to do the same....
...The V&A has an array of Art Deco-style wedges from the mid-20th century in its collection, including an intriguing gold and red-trim semi-wedge by Saks Fifth Avenue made in about 1940, with a carved-out...
...People who travelled across the world to visit New York would make Saks Fifth Avenue or Bergdorf Goodman their first port of call before venturing to see the bright lights of Times Square....
...The jumpers, scarves, gloves and dog coats proved equally popular in New York as in London with “big orders coming in from places like Neiman Marcus and Saks of Fifth Avenue”....
...Hudson’s Bay Company, the Canadian department store business that also owns Saks Fifth Avenue, agreed to a buyout by a consortium of investors led by its chairman on Monday, in a deal that would allow it...
...Fifth Avenue owner Hudson’s Bay heats up (FT) Rio and First Quantum in talks over Peru mine (FT) Lone Star is in exclusive talks for BASF construction unit (Bloomberg) Asia’s next generation looks outside...
...Millions of credit and debit cards are believed to have been stolen in a hacking attack on one of North America’s oldest and largest department store groups, which includes Saks Fifth Avenue....
...The company, which also owns upscale retailer Saks Fifth Avenue as well as its eponymous department store chain, said the brick and mortar retrenchment would allow it to focus its resources at ramping up...
...Saks Fifth Avenue holiday light show may keep visitors happy, but investors in its parent company, Hudson’s Bay, showed no holiday cheer on Wednesday....
...Hudson’s Bay Co, the parent of department stores Lord & Taylor, Saks Fifth Avenue, said late on Friday that its chief executive Gerald ‘Jerry’ Storch will step down effective November 1 Mr Storch, who took...
...Hudson’s Bay — which owns Saks Fifth Avenue and Lord & Taylor department store chains — said on Tuesday it is “actively exploring” ways to tap its real-estate assets to generate value for its shareholders...
...The deal provides the retailer, which also owns the luxury department store Saks Fifth Avenue, with a capital injection that will help it cut its debt burden....
...By contrast, department stores — like Macy’s, Nordstrom or Saks Fifth Avenue — are seen as declining 9.3 per cent this year and 2.7 per cent in the next....
...However, a sharp downturn in the fortunes of North American retailers has weighed heavily on HBC, which also owns the Saks Fifth Avenue and Lord & Taylor chains....
...A year after the Saks purchase, he showed off his skill when his Hudson’s Bay vehicle took out a mortgage on Saks’ flagship location on Fifth Avenue in Manhattan that valued the building and land at nearly...
...Instead of Saks Fifth Avenue how about Tesla Big Apple? The name change might just happen if one investment fund, Land & Buildings Investment Management, gets its way....
...At its Galleria shopping centre in Houston, Texas, for example, the upscale sushi restaurant Nobu is replacing a Saks Fifth Avenue department store, while an Outback Steakhouse will fill the space where...
...In late August, the cost to insure against a default by Saks Fifth Avenue-owner Hudson’s Bay hit its highest level since 2013....
...Rather it should just sell its real estate, including the Fifth Avenue flagships of Saks and Lord & Taylor, to some rich tech group like Apple or Tesla....
...The results will also be scrutinised for clues as to how Neiman Marcus and Saks Fifth Avenue owner Hudson’s Bay Companies are performing....
...Hudson’s Bay operates retail brands including Saks Fifth Avenue and Lord & Taylor in addition to its namesake stores....
...Hudson’s Bay, the Canadian-department store behind luxury names like Saks Fifth Avenue, is reportedly in discussions to buy Neiman, the WSJ reported....
...For Hudson’s Bay, which has been aggressively expanding its footprint in the US, including the 2013 takeover of high-end chain Saks Fifth Avenue, the acquisition of Macy’s would transform it from a niche...
...But the prospect of a tie-up dimmed after it emerged on Tuesday that the Canadian owner of Saks Fifth Avenue and Lord & Taylor had held preliminary talks with Neiman about a takeover....
International Edition