US: Brizel to take top legal post at Saks
Michael Brizel, currently senior vice president and general counsel of The Reader's Digest Association, will become executive VP and general counsel of Saks Inc on 7 May. He will join Saks on 16 April.
Brizel will be based in New York and report to Steve Sadove, chief executive officer of Saks. He will succeed Charles Hansen, who will leave the company, as previously agreed, on 4 May. Saks is in the process of consolidating its operations from its previous base in Birmingham, Alabama, to New York, and Hansen is among those who will not be making the move.
Brizel has spent nearly 18 years with Reader's Digest and has held his most recent post since 2002. Earlier in his career, he was with General Foods and the law firm of Summit, Rovins and Feldesman.
The following is a general roundup of apparel and shoe chains' August 2007 sales results. The list will be updated as new results become available....
Department store operator Saks Inc has narrowed its second quarter net loss to US$24.6m on the back of increased sales....
The following is a general roundup of apparel and shoe chains' July 2007 sales results. The list will be updated as new results become available....
Icelandic investment group Baugur has bought an 8% stake in US department-store giant Saks Fifth Avenue for roughly $243m, according to a Securities and Exchange Commission (SEC) statement obtained by...
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Fashion chain Jaeger yesterday (27 June) unveiled a 45% rise in full year earnings, ending years of losses and heralding the group's repositioning as a luxury British brand, and announced plans to lau...
Nelson Suriel has joined Charles G Bailey, the new designer men's wear collection being offered by Ben and Isaac Greszes, as president of sales, a new post....
Shares of Charming Shoppes dropped 5.6% in Nasdaq trading Monday (25 June) after the women's specialty retailer reduced its second quarter earnings guidance and replaced the head of its Lane Bryant un...
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