Saks Incorporated

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10 'disruptors' of concern for global retailers

Disruption was the central theme at this year's World Retail Congress in Paris, covering everything from the innovation of new businesses to...

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...


Retailers' July 2012 sales roundup

Leonie Barrie | 2 Aug 2012

The following is a general roundup of US apparel and shoe retailers' July 2012 sales results.


Men's wear and the internet: the perfect match

Euromonitor International | 16 Jul 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

Petah Marian | 5 Jul 2012

The following is a general roundup of US apparel and shoe retailers' June 2012 sales results.


US retailers' May 2012 sales roundup

Petah Marian | 31 May 2012

The following is a general roundup of US apparel and shoe retailers' May 2012 sales results.

Latest News

Hudson's Bay triples Q4 profit

Katie Smith | 7 Apr 2015

Canadian department store operator Hudson's Bay more than tripled its fourth-quarter net profit, driven by a surge in digital sales and further progress with the integration of luxury retailer Saks.


J Crew's Haselden a "solid fit" as Lululemon CFO

Michelle Russell | 8 Jan 2015

The appointment of J Crew executive Stuart Haselden as CFO for Canadian yoga wear brand Lululemon Athletica is a solid fit, analysts believe.


Hudson's Bay appoints Storch to CEO role

Michelle Russell | 18 Dec 2014

Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.


Kellwood taps Silverstein as Parker president

Katie Smith | 10 Dec 2014

Apparel manufacturer Kellwood Holding has tapped industry veteran Suzanne Silverstein to strengthen and support the growth of its upscale women's clothing brand Parker.


Hudson's Bay narrows Q3 losses

Michelle Russell | 9 Dec 2014

Canadian department store operator Hudson's Bay Company has narrowed its net loss in the third quarter and reaffirmed its guidance for the full year.


Canada Goose targets US with New York office

Katie Smith | 3 Dec 2014

Outdoor luxury apparel company Canada Goose has opened a sales office in New York as it gears up to meet surging demand for its products in the US.


Hudson's Bay outlines refinancing for Saks store

Michelle Russell | 25 Nov 2014

Canadian department store operator Hudson's Bay Company has outlined a US$1.25bn refinancing plan that will allow it to improve and renovate its Saks flagship store.


Prada buys Tannerie Mégisserie Hervy

Michelle Russell | 8 Oct 2014

Italian fashion house Prada has acquired Tannerie Mégisserie Hervy, an historical French leather tannery located in Isle, near Limoges.


DL1961 Premium Denim launches odour-control jeans

Leonie Barrie | 25 Sep 2014

Performance jeans brand DL1961 Premium Denim is to treat its entire autumn men's collection with an antimicrobial to provide long-lasting odour control and freshness.


Hudson's Bay narrows Q2 loss on sales surge

Katie Smith | 12 Sep 2014

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

Michelle Russell | 3 Jun 2014

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

Katie Smith | 4 Apr 2014

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

Katie Smith | 7 Mar 2014

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

Katie Smith | 30 Jan 2014

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


Hudson's Bay to debut Saks in Canada

Katie Smith | 28 Jan 2014

Department store retailer Hudson's Bay Company is to open its first two Saks stores in Canada, as part of a sale and leaseback deal with Cadillac Fairview.


Hudson's Bay CFO takes leave of absence

Katie Smith | 24 Jan 2014

Hudson's Bay Company CFO Michael Culhane has taken a leave of absence, with COO Donald Watros assuming the additional role of acting CFO with immediate effect.


Saks GM manager Boitano to step down

Michelle Russell | 20 Jan 2014

US-based luxury retailer Saks Fifth Avenue has confirmed its general merchandise manager, Joseph Boitano, is to step down.


Hudson's Bay promotes Greller to head up outlets

Michelle Russell | 9 Jan 2014

Canadian department store operator Hudson's Bay Company has appointed Jonathan Greller to head up its outlet stores.


Hudson's Bay promotes Watros to president role

Michelle Russell | 17 Dec 2013

Canadian department store operator Hudson's Bay Company has promoted its COO, Donald Watros, to the newly-expanded role of president.


Hudson's Bay Q3 net loss widens

Michelle Russell | 11 Dec 2013

Canadian department store operator Hudson's Bay Company saw its net losses widen in the third quarter, hurt by costs related to its purchase of Saks.


Hudson's Bay makes raft of executive promotions

Michelle Russell | 18 Nov 2013

Canadian department store retailer Hudson's Bay has promoted a number of people to senior positions within the company as it shores up its new executive team.


Hudson's Bay closes Saks acquisition

Katie Smith | 5 Nov 2013

Canadian department store operator Hudson's Bay Company has completed its US$2.9bn acquisition of US-based luxury retailer Saks.


Saks shareholders approve Hudson's Bay merger

Katie Smith | 31 Oct 2013

Saks shareholders have approved its merger with Canadian department store retailer Hudson's Bay Company, in a move that creates a leading upscale North American fashion retail business.


Hudson's Bay names Hardin creative officer

Katie Smith | 28 Oct 2013

Canadian department store operator Hudson's Bay Company has appointed Russ Hardin as its new chief creative officer and senior vice president.

Latest blogs

Disruptors on the horizon...

Leonie Barrie | 6 Oct 2014

Not content with dominating the global exporting landscape, China is now switching its focus to growth in domestic consumption. And according to Li & Fung chairman William Fung, this is likely to lead to "a rather bumpy ride" for the apparel industry.


Hudson's Bay heads upscale with Saks

Leonie Barrie | 5 Aug 2013

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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