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Saks 3Q loss is bigger than expected

NEW YORK Luxury retailer Saks Inc. reported a bigger-than-expected loss for the third quarter yesterday as its affluent customers slashed their spending amid job losses on Wall Street and shrinking stock portfolios linked to the financial meltdown. New York-based Saks, which operate...
Tue, Nov 18 | baltimoresun.com

 

Financial Worries on Display at Saks

By Rachel DodesSaks Inc.'s flagship New York store looks out on the glitzy shopping mecca of Fifth Avenue. But it's the mess down on Wall Street that's stuck in the minds of its customers.Consumers are "in frozen mode, shell shocked," Saks Chief Executive Stephen Sadove said in a conference...
Tue, Nov 18 | WSJ.com

 

Monday, November 24

Saks Fifth Avenue holiday windows unveiling, sponsored by Swarovski, Fifth Avenue and 49th Street, 6:30 p.m.; Bergdorf Goodman windows unveiling, 57th Street and Fifth Avenue, all day; HILLARY: A Modern Greek Tragedy With a (Somewhat) Happy Ending, Living Theater, 21 Clinton Street,...
Tue, Nov 18 | New York Observer

 

Holiday season will be a big test for retailers

Across the board, from Saks Fifth Avenue to Target, retailers are projecting a very blue Christmas. (TGT) (HVT) (HD) (SKS) (JWN)
Sun, Nov 16 | Bizjournals.com

 

Victoria Beckham: Holy Halloween, Batman!

Thumbnail 10+ pictures inside of Victoria and Cruz Beckham getting holy Halloween… Victoria Beckham goes shopping with her son Cruz dressed up as Batman’s sidekick, Robin, at Saks Fifth Avenue in Beverly Hills on Friday. Either Cruz is two weeks late for Halloween or he can’t wait for next year! Vic...
Fri, Nov 14 | Just Jared

 

Saks Shoe and Handbag Event

Thumbnail Saks Fifth Avenue has been cranking out sales events one after the other, even their sales associates can’t keep track of them. On Thursday, Saks began a shoe and handbag gift card event (that ends today) where you: Handbags: spend $1,000-1,999 get$250, spend $2,000+ get $500
Sun, Nov 2 | ShopDiary

 

Sarah of Saks

Turns out the folksy governor from Alaska - she of the carefully cultivated down-home "just like you" persona - is enjoying some pricey perks as the GOP's choice for veep. According to spending reports filed with the Federal Election Commission, the RNC paid for "campaign accessories" f...
Fri, Oct 24 | Toledo Blade

 

Clothing costs skyrocket for 'hockey mom'

She was dismayed to hear yesterday that the Republican Party had spent $150,000 in two months on clothes, hair styling, and accessories for Sarah Palin and her family from such upscale stores as Saks Fifth Avenue and Nieman Marcus.
Thu, Oct 23 | Toledo Blade

 

Republican style spree clashes with Palin's visit

They included approximate payments to such high-end retailers as Neiman Marcus ($75,000); Saks Fifth Avenue ($50,000); Barney's New York ($800); Bloomingdale's ($5,100); Atelier (a tony menswear shop) $4,900, and even the comparatively humble Macy's ($9,500).
Thu, Oct 23 | Toledo Blade

 

Sarah Palin, $150,000 fashionista

Thumbnail That is a one cool chunk of change. And the staggering number does not include the entourage of stylists, personal shoppers and gun cleaners that vice-presidential candidates might require. Some of the line items include: $75,062.63 spent in one shopping spree at Neiman Marcus in Minneap...
Wed, Oct 22 | salon.com

 

Check Out Line: Who needs foreign tourists? Luxury chains have Palin!

Thumbnail Photo/Reuters) Alaska Gov. and hockey mom Sarah Palin in not only John McCain's vice presidential pick, but a luxury fashion maverick. The Republican National Committee has spent more than $150,000 since late August to outfit Palin and her family in the fanciest of duds from department s...
Wed, Oct 22 | reuters.com

 

Greenwich Lean Time

Thumbnail “In the past 18 to 24 months, we’ve had more of the New York City marquee names out here looking than in years prior,” said Thomas Torelli, a local broker who just helped negotiate leases on the avenue for Cole Haan and Madewell (J.Crew’s upscale brand) in a subdivided space recently vacated...
Tue, Oct 21 | New York Observer

 

At Key to the Cure, Recession Burgers, Ronsons and Real Housewives

Last evening, at the Saks Fifth Avenue-sponsored launch for Key to the Cure campaign at Top of the Rock, the Daily Transom shared an ear-popping elevator ride with actress Blythe Danner, whose daughter, Gwyneth Paltrow, is the Entertainment Industry Foundation's 2008 ambassador for...
Wed, Oct 15 | New York Observer

 

Fall Fashion Trends for 2009 - a Fun Podcast!

Thumbnail BANGIN' BOOTIES "Whether it's the shoe bootie, the scrunchy boot, a mid-calf, or an over-the-knee boot, we think the boot is the most important shoe of the season," says Michael. "We love them with high heels, stilettos, stacked heels, flat...we love them all. It's really about a boot wardrob...
Thu, Sep 4 | Fashiontribes.com

 

Fashion's Latest Comeback Attempt

By Cheryl Lu-Lien TanEighteen years ago, designer Christian Francis Roth was on top of the fashion world. At age 21, he had won over critics and retailers like Neiman Marcus and Saks Fifth Avenue with his inventive pieces, such as a suit featuring a fried-egg motif and dresses with sleeves...
Fri, Aug 15 | WSJ.com

 

Christian Louboutin To Open Paris Store

By Christina Passariello, Ray A. Smith and Rachel DodesParis's Rue du Faubourg Saint-Honor is getting some sole later this month with a new, high-profile boutique by Christian Louboutin.Although the red-bottomed Louboutin shoes have developed a cult following in recent years, the Fr...
Wed, Jul 9 | WSJ.com

 

More Saks Fifth Avenue News

 
 

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