Saks Incorporated - apparel and textile industry company news 
US: Saks Q1 profit slumps 37.8% but sales rise
21 May 2013
Luxury retailer Saks has today (21 May) posted a 37.8% decline in first-quarter net profit after it was weighed down by store closing costs and debt-extinguishment losses.
US: J Crew makes senior management promotions
17 April 2013
US apparel, footwear and accessories retailer J Crew has promoted James Scully to chief operating officer, and Libby Wadle to the position of president of the J Crew brand.
US: Saks revamps men's wear private label
20 March 2013
Upscale department store retailer Saks Fifth Avenue is to revamp its private men's wear label by adding new lines, new designers and new stores.
US: Saks full year profits down on Hurricane Sandy
26 February 2013
US upscale department store operator Saks Inc has admitted its full year results were below expectations as a result of macroeconomic concerns and Hurricane Sandy.
US: Saks CEO Sadove elected as NRF chairman
15 January 2013
Saks boss Stephen Sadove has been elected as the new chairman of the National Retail Federation's (NRF) board of directors and executive committee.
US: Sandy weighs on Saks despite Q3 profit jump
13 November 2012
Upscale department store retailer Saks Incorporated today (13 November) said it remains cautious in its outlook for the rest of the year as the aftermath of Hurricane Sandy takes its toll.
US: Christopher & Banks taps Payless exec as CEO
30 October 2012
Women's wear retailer Christopher & Banks has appointed former Payless ShoeSource chief executive LuAnn Via as its new president and CEO.
KAZAKHSTAN: Saks expands with first store
1 October 2012
US fashion retailer Saks Inc has opened its first Saks Fifth Avenue store in Kazakhstan, as it tries to tap into the region's growing demand for luxury products.
US: Jones Group taps Coach exec to head footwear ops
12 September 2012
US footwear and apparel company The Jones Group has appointed Kathy Nedorostek to the newly-created position of group president of global footwear and accessories.
US: Saks opens e-commerce distribution centre in Tennessee
3 September 2012
US department store operator Saks has announced it will officially open its distribution and fulfilment facility in LaVergne, Tennessee on 7 September.
US: Saks slides to deeper Q2 loss
15 August 2012
Retail group Saks posted a second quarter net loss of US$12.3m after being impacted by exceptional items, but saw its underlying losses also widen in comparison with last year.
US: Talbots' new owner names executive team
8 August 2012
Sycamore Partners has completed the acquisition of troubled women's wear chain The Talbots and appointed a new executive management team.
UK: Perry Ellis inks Shelli Segal license with Vayola
7 August 2012
Perry Ellis International subsidiary PEI Licensing has signed a license agreement with The Kersheh Group division Vayola to design, manufacture and distribute Laundry by Shelli Segal branded sleepwear, robes and loungewear.
US: Retailers' July 2012 sales roundup
2 August 2012
The following is a general roundup of US apparel and shoe retailers' July 2012 sales results.
Focus: Men's wear and the internet - the perfect match
16 July 2012
As the digital platform continues to bring about sweeping changes in the global apparel arena, Ashma Kunde, apparel research analyst at Euromonitor International, looks at the role the internet has played in driving the boom in the men's wear market.
US: Retailers' June 2012 sales roundup
5 July 2012
The following is a general roundup of US apparel and shoe retailers' June 2012 sales results.
US: Alberto Makali selects NGC for PLM and ERP
15 June 2012
Luxury women's fashion brand Alberto Makali has selected NGC's Global Enterprise Suite as an integrated solution for PLM and ERP to help support its global growth.
US: Bluefly hires Erdman as SVP of merchandising
12 June 2012
Online luxury retailer Bluefly has today (12 June) named former Saks Fifth Avenue and LVMH executive Scott Erdman as its new senior vice president of merchandising.
US: Retailers' May 2012 sales roundup
31 May 2012
The following is a general roundup of US apparel and shoe retailers' May 2012 sales results.
US: Saks books "solid" Q1 profit, sees slowing sales
15 May 2012
Luxury retailer Saks Incorporated today (15 May) said it made "solid progress" in its first quarter with a 13% jump in earnings, but added that slowing sales in areas like women's designer wear are weighing on profit margins.
US apparel retailers see sales soften in April
4 May 2012
After the warmer weather and early Easter helped US apparel retailers to higher same-store sales in March, it was perhaps not surprising there would be a slowdown in April.
US: Retailers' April 2012 sales roundup
4 May 2012
The following is a general roundup of US apparel and shoe retailers' April 2012 sales results.
CANADA: Nygard names Robertson president
24 April 2012
Canadian women's apparel retailer Nygård International has appointed Dawn Robertson as president of its fashions business, replacing Jim Bennett.
US: Retailers' March 2012 sales roundup
5 April 2012
The following is a general roundup of US apparel and shoe retailers' March 2012 sales results.
US: Saks Direct names Burgess as president
5 April 2012
Upscale retailer Saks has appointed Michael Burgess as president of Saks Direct.
US: Saks to use Oracle technology platform
3 April 2012
Retailer Saks has chosen to implement a range of Oracle IT applications, in an effort to integrate the company’s business operations and improve profitability across all channels.
Weather warms US retail sales in February
2 March 2012
Warm weather might have weighed on winter sales of coats, boots and other cold climate basics at the start of the season, but spring appears to have sprung early for many US apparel retailers in February.
US: Retailers' February 2012 sales roundup
1 March 2012
The following is a general roundup of US apparel and shoe retailers' February 2012 sales results.
US: Saks Q4 profit surges on strong sales
22 February 2012
Upscale retailer Saks Inc has seen its fourth-quarter net income surge on the back of strong sales of apparel, handbags, jewellery, fragrances and men's accessories.
US: Saks to add new distribution facility
14 February 2012
Retail group Saks is to build a new distribution hub in Tennessee this year, adding to its existing centres in Maryland and California.
