Saks Incorporated - apparel and textile industry company news 
Hong Kong's changing role in the apparel industry
10 February 2012
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 global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.
Cautious US consumers weigh on January retail sales
3 February 2012
Post-holiday discounts helped many US retailers lift their sales in January, according to monthly figures released yesterday (2 February), but overall results were mixed as many consumers shopped cautiously amid the struggling economy.
US: Retailers' January 2012 sales roundup
2 February 2012
The following is a general roundup of US apparel and shoe retailers' January 2012 sales results.
US: Saks trials Cornell-Mayo mobile POS
17 January 2012
Retailer Saks Fifth Avenue is trialling the Omniexpress mobile POS iPod application developed by POS software specialist Cornell-Mayo Associates.
Upscale and value drive US retail sales in December
6 January 2012
Premium and value were the big winners as US retailers reported their all-important December sales results yesterday (5 January).
US: Retailers' December 2011 sales roundup
5 January 2012
The following is a general roundup of US apparel and shoe retailers' December 2011 sales results.
November sales a mixed bag for US retailers
2 December 2011
US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traffic over the Thanksgiving weekend for some, but tougher comparisons with the year-ago period and weaker sales during the rest of the month weighing on others.
US: Retailers' November 2011 sales roundup
1 December 2011
The following is a general roundup of US apparel and shoe retailers' November 2011 sales results.
US: Apparel helps Saks nearly double Q3 profit
16 November 2011
Department store operator Saks nearly doubled its third quarter adjusted profit, thanks to a 5.1% sales increase and increased full-price selling.
US retail sales cool in October
4 November 2011
Growth in US same-store sales appeared to cool in October as weather and economic malaise weighed on retailers, putting extra pressure on businesses as they transition into the crucial holiday season.
US: Retailers' October 2011 sales roundup
3 November 2011
The following is a general roundup of US apparel and shoe retailers' October 2011 sales results.
September retail sales hint at holiday forecasts
7 October 2011
A strong end to the back-to-school shopping season and postponed demand following Hurricane Irene at the end of August contributed to the solid results rung up by many US retailers in September - but consumer caution continues to hang over holiday forecasts.
US: Retailers' September 2011 sales roundup
6 October 2011
The following is a general roundup of US apparel and shoe chains' September 2011 sales results.
US retail sales weather the storms in August
2 September 2011
US retailers weathered a number of storm fronts in August, with a solid start to the back-to-school shopping season helping to mask the impact of higher prices, growing concerns about the economy, and a hurricane that battered the East Coast.
US: Retailers' August 2011 sales roundup
1 September 2011
The following is a general roundup of US apparel and shoe chains' August 2011 sales results.
US: Saks Q2 loss narrows as sales surge
17 August 2011
Retail group Saks is remaining cautious about the second half of the fiscal year, despite narrowing its second quarter loss thanks to a double-digit sales increase.
July sales a mixed bag for US apparel retailers
8 August 2011
Lured by warm weather and deep discounts as stores cleared their summer merchandise, US shoppers hit the malls in July giving an overall boost to many apparel retailers - but the results shed little light on back-to-school spending plans.
US: Retailers' July 2011 sales roundup
4 August 2011
The following is a general roundup of US apparel and shoe chains' July 2011 sales results.
Retail expansion: which strategies work best?
21 July 2011
Faced with constant pressure to expand their businesses, fashion brands and retailers have a number of choices: they can add new merchandise lines, target customers at new price points or in new geographical markets, or attempt all three. But what is the best strategy? A new report from just-style offers advice to apparel brand managers wanting to breath new life into existing portfolios.
VIEWPOINT: US apparel retail sales shine in June
8 July 2011
While cold weather, storms and flooding dampened demand for spring and summer merchandise in May, US apparel retailers rebounded with a better than expected performance in June after a combination of lower gas prices, sunshine and deep discounting encouraged shoppers to hit the stores.
US: Retailers' June 2011 sales roundup
7 July 2011
The following is a general roundup of US apparel and shoe chains' June 2011 sales results. The list will be updated as new results become available.
US: Saks Fifth Avenue to open store in Kazakhstan
5 July 2011
Up-scale department store retailer Saks Inc is to open a Saks Fifth Avenue store in Almaty, Kazakhstan next year through a licensing deal with local retailer Viled Fashion.
US retailers see only modest sales gains in May
3 June 2011
After receiving a late Easter boost to sales last month, it was perhaps inevitable that US apparel retailers would see only modest sales gains in May, with many blaming cold weather, storms and flooding for dampening demand for spring and summer merchandise.
US: Full-price sales help lift Saks Q1 profit by 51%
18 May 2011
Upscale department store retailer Saks Incorporated has booked a 51% jump in first quarter profit thanks to a double-digit rise in same-store sales and more full-price sales.
US: Retailers' April 2011 sales roundup
5 May 2011
The following is a general roundup of US apparel and shoe chains' April 2011 sales results. The list will be updated as new results become available.
US retail sales solid in March despite late Easter
8 April 2011
US retailers weathered all manner of obstacles - including chilly weather, the late Easter holiday and higher fuel prices - to top downbeat March forecasts, according to results posted yesterday (7 April), as shoppers continued to head to the stores to spend.
US retail sales maintained momentum in February
7 March 2011
Sales at US apparel retailers continued to trend upwards in February as the warmer weather enticed shoppers out in search of spring merchandise and clearance bargains. But while February's same-store sales results largely followed in the footsteps of a buoyant January, rising fuel and food prices may well dampen demand in the months ahead, industry observers warned.
US: Retailers' February 2011 sales roundup
3 March 2011
The following is a general roundup of US apparel and shoe chains' February 2011 sales results. The list will be updated as new results become available.
US: Saks swings to $25m Q4 profit
24 February 2011
Higher full-price sales and fewer promotions have helped upscale US department store operator Saks Incorporated swing to a fourth quarter profit.
US: Retailers' January 2011 sales roundup
3 February 2011
The following is a general roundup of US apparel and shoe chains' January 2011 sales results. The list will be updated as new results become available.
Related research
Saks Incorporated - SWOT Analysis
Datamonitor's Saks Incorporated - SWOT Analysis company profile is the essential source for top-level company data and information. Saks Incorporated - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Saks Incorporated (Saks or “the company”) and its subsidiaries offer luxury goods through free-standing and mall based stores. The company operates in the US. It is headquartered in New York and employs about 12,400 people of which 2,728 are part-time employees. The company recorded revenues of $2,631.5 million during the financial year ended January 2010 (FY2010), a decrease of 13.5% compared with FY2009. The operating loss of the company was $54.5 million in FY2010, compared with an operating loss of $135.4 million in FY2009. The net loss was $57.9 million in FY2010, compared with a net loss of $158.8 million in FY2009.
Saks Incorporated - Strategy, SWOT, and Corporate Finance Report
Datamonitors' Saks Incorporated’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.
Saks Incorporated (SKS) - Financial and Strategic Analysis Review
Saks Incorporated is a specialty retailer, engaged in selling luxury merchandise. The company operates through its subsidiaries including Saks Fifth Avenue (SFA) and Saks Fifth Avenue OFF 5th (OFF 5th). Its product portfolio includes luxury fashion apparel, shoes, accessories, jewelry, cosmetics and gifts. The company sells its merchandise through stores, operating under the banners, SFA and OFF 5th and also retails through catalogs and website. Saks Incorporated principally operates in the US through company-owned stores and also operates in Mexico, Saudi Arabia and United Arab Emirates through licensed stores. The company is headquartered at New York, United States
