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Video Transcript JULIE HYMAN:Well, Saks is spinning off its e-commerce business, or more accurately, the parent of Saks Fifth Avenue is splitting off the e-commerce business. It will be a separate ...
Saks Fifth Avenue in midtown Manhattan now offers a prison-inspired fitness class taught by ex-convicts. It’s just one of many unusual moves retail chains are making to get you off your device and ...
Luxury goods spending fell in October and November, according to credit card data from Barclays and Citigroup. The report found consumer spending declined 15% year-over-year in November, following a ...
James Newell is the latest executive to leave the luxury conglomerate, which is working to capture synergies from its Saks-Neiman tie-up.