Saks Incorporated

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Latest Insights

Analysts mixed on Hudson's Bay's bid for Saks

Canadian department store retailer Hudson's Bay yesterday (29 July) submitted a bid for luxury US based retailer Saks after months of specul...

Men's wear and the internet: the perfect match

As the digital platform continues to bring about sweeping changes in the global apparel arena, Ashma Kunde, apparel research analyst at Euro...

Hong Kong's changing role in the apparel industry

China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the glo...

November sales a mixed bag for US retailers

US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traff...

Latest News

Hudson's Bay narrows Q2 loss on sales surge 12 Sep 2014

Katie Smith

Canadian department store operator Hudson's Bay Company has more than halved its losses during the second quarter, thanks to a near-doubling of sales.


Hudson's Bay swings to Q1 profit 3 Jun 2014

Michelle Russell

Canadian department store operator Hudson's Bay Company swung to a profit in its first-quarter after its acquisition of Saks last year more than doubled retail sales.


Higher costs hit Hudson's Bay Q4 performance 4 Apr 2014

Katie Smith

Higher costs related to its CAD2.9bn (US$2.63bn) acquisition of luxury retailer Saks resulted in a 67% decline in fourth-quarter profit for Canadian department store operator Hudson's Bay Company.


Ralph Lauren Retail Group COO Meichner to leave 7 Mar 2014

Katie Smith

Wayne Meichner, president and COO of Ralph Lauren Retail Group, is to leave the business after 12 years.


Burgess to lead Hudson's Bay digital division 30 Jan 2014

Katie Smith

Canadian department store retailer Hudson's Bay Company has created a new digital division, which will be led by Michael Burgess.

Latest blogs

Hudson's Bay heads upscale with Saks 5 Aug 2013

Leonie Barrie

A $2.9bn deal that brings together the Hudson's Bay, Lord & Taylor and Saks Fifth Avenue brands into a combined company with 320 stores in the US and Canada was finally confirmed last week after months of speculation.

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