US: Saks enjoys higher profit but sales down during Q1
Top retailer Saks said the sale of its Northern Department Store Group (NDSG) led to a big profit jump in the first quarter. Sales at core Saks Fifth Avenue business (SFAE), however, struggled.
Top retailer Saks said the sale of its Northern Department Store Group (NDSG) led to a big profit jump in the first quarter. Sales at core Saks Fifth Avenue business (SFAE), however, struggled.