Luxury is back. Maybe not in the form of the conspicuous consumption seen pre-2008, but high-end retailers are at least...
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SAKS INC.
Saks Incorporated, a fashion retail company, operates retail stores under the brand names of Saks Fifth Avenue (SFA), Off Fifth, and Club Libby Lu (CLL) offering a range of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The company generated approximately $2.0 billion in cash from the sales of its department store businesses. Saks operates 53 SFA stores, 48 Off Fifth stores, and 98 CLL specialty stores.
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Saks Inc., the U.S. luxury retail chain, and Target Corp., the second-largest discount chain, said they remain cautious...
Retail sales as a whole improved in October, indicating that consumers are actually starting to spend money again, ...
In response to the deteriorating economic environment, Saks Inc. today announced a series of expense, capital spending...
Saks Inc. Chief Financial Officer Kevin Wills told investors the unprofitable luxury retailer has “very valuable”...
drop in demand for designer clothing and other luxury goods has been especially hard on upscale retailers, including...
That's right. Saks Fifth Avenue, which has a store in Tampa's WestShore Plaza, has employed street artist Shepard...
Same-store sales at Saks Inc. decreased 19.8 percent for the five weeks ended Jan. 3, and owned sales decreased 18.
The degree and extent of the decline in luxury retail has caught most analysts and luxury retailers off guard.
Back when I started the blog, I coined a phrase "The Pooring of America" - this was a theme based on a...
Ever since it began posting double-digit sales declines and selling luxury goods at 75 percent off, Saks Inc.
Nordstrom (JWN) is snatching customers from Neiman Marcus and Saks Fifth Avenue (SAKS). T.J. Maxx and Marshalls are...
* Q4 sales drop 14.9 percent * Sees challenging year ahead NEW YORK, Feb 25 (Reuters) - Saks Inc (SKS.
Upscale U.S. retailer Saks Incorporated has announced the planned reduction of approximately 1,100 corporate support...
Retailer Saks Inc. has announced a series of actions related to expenses, capital spending, and inventory receipts...
and other upscale retailers. Saks and Burberry Group (UK:BRBY: news , chart , profile ) have recently announced job...
Top Sources: Saks Inc.
- ぬくぬくBlog
- nationaljewelernetwork.com
- MarketWatch
- St. Petersburg Times
- Reuters
- Forbes.com
- Motley Fool
- bloomberg.com
- CNN Money
- International Herald Tribune
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