Saks news and archive

Vetements highlights unwanted clothes with Saks window

Vetements is highlighting “excess” clothing with its new window display for Saks Fifth Avenue in New York by filing the window with a pile of unwanted clothes. The new window display designed by Demna Gvasalia is made up of clothes donated from employees or out-of-season stock from Saks merchandise, as well as hangers, street signs, shoes, and...

Retail|INTERACTIVE REPORT

In Pictures: Saks Off 5th Düsseldorf

Canadian company Hudson’s Bay opened its off-price concept Saks Off 5th in Germany. The debut flagship store opened today in Carsch-Haus in Düsseldorf and marks the first European store. FashionUnited was invited to take an exclusive look in the store. Are you curious to find out how the store looks like? Hover your mouse over the pictures to...

ManagementFeatured

Hudson Bay buys luxury deal site Gilt for 250 million dollars

Hudson Bay, owner of brands such as Lord & Taylor, Saks Fifth Avenue, and Saks Off 5th, has announced the acquisition of Gilt Group Holdings Inc. for 250 million dollars. As advanced by both companies Thursday, the Toronto-based retailer will at the same time integrate the online company into some of its physical store locations. Gilt concept...

BusinessFeatured

Hudson’s Bay to buy German department store

London - Hudson’s Bay, the owner of US retailer Saks Fifth Avenue, is buying Germany’s biggest department store chain, Galeria Kaufhof for 2.82 billion euros including certain liabilities, according to a statement from Metro, the current owner of Kaufhof. Toronto-based Hudson’s Bay, which operates its namesake department store in Canada as well...

Fashion Featured

Cinderella's glass slipper coming to life

The tale of Cinderella is all too familiar. The beautiful girl with a wicked stepmother and two wicked step-sisters is greeted by her fairy godmother, who bestows to her a fabulous gown and a pair of gorgeous glass slippers so she can ride off in her carriage to meet prince charming at the ball. It’s a tale as old as time, but, many little girls...

Fashion

Saks introduces new branding initiatives

US luxury department store group Saks Fifth Avenue has unveiled the first of its new branding initiatives in a bid to offer “fashion and glamour with unique experiences” to its customer. Headed by former Harrods director Marigay McKee and marketing chief Mark Briggs, the initiative includes revamped women’s and men’s catalogues, all-new...

Apparel

Saks partners with DIA-style.com

Saks Fifth Avenue is to partner with DIA-style.com, a fashion, accessories and social media site aimed at Arabic speakers, WWD reported. The UK-based website showcases over 200 designers and brands through 10 e-commerce partners including Net-a-porter.com and My-wardrobe.com. The Saks partnership will see over 27,000 more fashion items added to...

Fashion

Hudson's Bay to buy Saks for 2.9 billion US dollars

Hudson’s Bay Company, which operates department store chains Lord & Taylor in the United States and Hudson Bay in Canada, has entered into a ‘definitive merger agreement’ to acquire luxury retailer Saks for 2.9 billion US dollars in cash, including debt. The Canadian company confirmed in a statement on Monday that the transaction has been...

Apparel

Saks unveils revamped website

Saks Fifth Avenue has revamped its website, with a new saks.com homepage to include a longer, more fluid layout. The luxury department store group aims to more prominently highlight seasonal trends and most-wanted designers. New features on saks.com include large-scale photography, improved navigation and easier access to its editorial area....

Apparel

US retailer launches official tartan

New York department store Saks Fifth Avenue has launched its own tartan to kick off a special ‘Best of Scotland’ celebration, marking its long-standing affiliation with Scottish textiles. The new black-and-white plaid tartan was developed exclusively with the Scottish Tartans Authority, under the guidance of Brian Wilton, one of the world’s...