Saks Fifth Avenue
Saks Owner Raises $340 Million After Retailer Didn’t Pay Vendors For Months, Sources Say
More than a handful of brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it raised $340 million to help fund its retail operations.
Saks Owner Raises $340 Million After Retailer Didn’t Pay Vendors For Months, Sources Say
More than a handful of brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it raised $340 million to help fund its retail operations.
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
What American Retailers Can Learn From European Department Stores
Creative experiences and a less-standardised approach to operations and design have helped iconic stores like Selfridges, Liberty and Le Bon Marché resist multi-brand retail’s decline.
What American Retailers Can Learn From European Department Stores
Creative experiences and a less-standardised approach to operations and design have helped iconic stores like Selfridges, Liberty and Le Bon Marché resist multi-brand retail’s decline.
BoF LIVE: The Future of Customer Engagement in Luxury E-Commerce
Kristin Maa, senior vice president of growth at Saks, and Lydia Pang, chief executive and co-founder of Mørning, share their insights on how luxury e-commerce is being transformed.
BoF LIVE: The Future of Customer Engagement in Luxury E-Commerce
Kristin Maa, senior vice president of growth at Saks, and Lydia Pang, chief executive and co-founder of Mørning, share their insights on how luxury e-commerce is being transformed.
The New Rules of Off-Price Retail
Downturns typically mean a boom for discount retailers. But a glut of unsold merchandise and a surging resale sector are creating new pressures in the market.
The New Rules of Off-Price Retail
Downturns typically mean a boom for discount retailers. But a glut of unsold merchandise and a surging resale sector are creating new pressures in the market.
How Luxury Brands Court the 1 Percent
Lately, the game of attracting very important clients, or VICs, has kicked into high gear, as brands are acutely aware that wealthy shoppers are hungry for both luxury products and elaborate experiences post-Covid.
How Luxury Brands Court the 1 Percent
Lately, the game of attracting very important clients, or VICs, has kicked into high gear, as brands are acutely aware that wealthy shoppers are hungry for both luxury products and elaborate experiences post-Covid.
Why Activist Investors Are Targeting Department Stores
Hedge funds are urging Kohl’s and Macy’s to consider radical changes to how they operate as the retailers struggle to reverse decades of decline.
Why Activist Investors Are Targeting Department Stores
Hedge funds are urging Kohl’s and Macy’s to consider radical changes to how they operate as the retailers struggle to reverse decades of decline.
Does the E-Commerce Spinoff Make Sense?
This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
Does the E-Commerce Spinoff Make Sense?
This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
How to Be a Post-Pandemic CEO
Top fashion executives are sharpening the skills they will need most to strengthen morale and boost business after a year of crises.
How to Be a Post-Pandemic CEO
Top fashion executives are sharpening the skills they will need most to strengthen morale and boost business after a year of crises.
The Pros and Cons of Virtual Showrooms
Platforms like Nuorder and Joor dissolved many pain points for brands and retailers this selling season, but they may never be a perfect solution.
The Pros and Cons of Virtual Showrooms
Platforms like Nuorder and Joor dissolved many pain points for brands and retailers this selling season, but they may never be a perfect solution.