Hints and tips:
Related Topics
...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....
...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”....
...Saks rival Barneys New York, once vital for young and emerging fashion designers wanting to establish themselves, filed for bankruptcy protection this August....
...Saks notified customers of a “data security issue” on its website on Sunday and said its investigation was continuing....
...It snapped up in quick succession Lord & Taylor in 2012, Saks a year later and flash-sale website Gilt in 2016....
...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 — 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...
...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...
...Rival Saks this year unveiled a “wellness” spa at its flagship store, complete with a salt bath chamber and fitness classes at a “prison-style boot camp”....
...The stand out results should also go some ways towards easing questions over the company’s ability to keep up its solid pace of growth amid pressure from rival retailers like Macy’s, Nordstrom and Saks,...
...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....
...Hudson’s Bay, the owner of the Saks and Lord & Taylor chains, has an activist advising it to abandon retail and sell its flagship property. The Dillards chain is getting similar advice....
...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....
...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...
...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...
...Relatively unknown outside of Canada until a few years ago, Hudson’s Bay has aggressively expanded its footprint in the US over the past five years, snapping up in quick succession Lord & Taylor, then Saks...
...Spokespeople for Saks and Neiman Marcus said their stores were reopening as conditions improved....
...then reselling them at discounted prices — which has allowed it to buck the wider gloomy trends that have decimated US retailers — is coming under pressure as rival retailers like Macy’s, Nordstrom and Saks...
...The luxury department store chain Saks is owned by acquisitive Canadian group, Hudson’s Bay Company....
...As fewer Americans regularly make trips to the mall, many companies, ranging from Payless to luxury retailers like Saks have re-evaluated how many stores they need and how large the stores should be....
...The results will also be scrutinised for clues as to how Neiman Marcus and Saks Fifth Avenue owner Hudson’s Bay Companies are performing....
...(NYT) Scandal taints Japan Inc Japan’s elite manufacturers — Kobe Steel, Mitsubishi Materials and Subaru, among others — were thought to be models of elite efficiency....
International Edition