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Saks News

News on Saks (Ticker: SKS) continually updated from thousands of sources around the net.

14 hrs ago | CultureMap

CancerForward supporters raise $225,000 at Summer Standard gala as social season comes to close

With only one more black-tie gala to follow, CancerForward 's Summer Standard stood as something of the last big-night-out before the Memorial Day exodus and, with that, more than 200 guests poured in to Houston Country Club for the fundraiser.

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Related Topix: Medicine, Health, Breast Cancer, Retail, Saks Fifth Avenue, New York, Liz Claiborne, Apparel

Fri May 10, 2013

Bloomberg

Slim Taunted by Kazoos in Latest Protest of Mexican Billionaire

After a group of protesters denounced Carlos Slim and marched out of the room playing Darth Vader's theme song on kazoos, a companion of the Mexican billionaire smiled at him and said, "Welcome to New York." The 73-year-old, whose telecommunications empire spans Latin America , the U.S. and Europe , has been increasingly targeted by demonstrators ... (more)

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Related Topix: Carlos Slim Helu, George Washington University, Retail

Reuters

UPDATE 2-True Religion agrees to go private in $835 mln deal

Premium jeans maker True Religion Apparel Inc said on Friday it has agreed to be acquired by investment management firm TowerBrook Capital Partners LP in a deal worth about $835 million.

Comment?

Related Topix: Retail, Nordstrom, Apparel

Tue May 07, 2013

Fibre2Fashion

NRF hails passage of Marketplace Fairness Act

The National Retail Federation the world's largest retail trade association issued the following statement from NRF Chairman of the Board Stephen I. Sadove of Saks Incorporated and NRF President and CEO Matthew Shay on the Senate passage of S.743, the Marketplace Fairness Act: "We applaud Senators Enzi, Durbin, Alexander and Heitkamp and the entire ... (more)

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Related Topix: Retail, Small Business, Personal Finance

Mon May 06, 2013

The Washington Post

Barneys CEO Lee Takes Anti-Penney Approach to Turnaround

At a time when department stores are chopping themselves into mini-malls -- J.C. Penney Co.

Comment?

Related Topix: JC Penney, Retail, Barneys New York, Apparel, Fashion, Gucci, Designers, Nordstrom, us Travel, Travel

The New York Observer

Menace to Society: Exorcising Fashion Demons

I hate department stores. They remind me of being a chubby 12-year-old with braces being dragged around by her mother to try on bat-mitzvah dresses at the Macy's and Bloomingdale's located in the heart of Delaware's Christina Mall.

Comment?

Related Topix: Retail, Bloomingdales

Seeking Alpha

Wall Street Breakfast: Must-Know News

Top Stories Bain, Golden Gate close in on $6.5B BMC deal. Private-equity firms Bain and Golden Gate could reportedly announce a deal today to acquire BMC Software for over $6.5B, with the $46-share-offer above the latter's close of $45.42 on Friday.

Comment?

Related Topix: GridApp Systems, Startups, Nordstrom, Retail, Apparel, Apple, iPhone

Cleveland.com

Pilot Flying J committee leader that will receive fraud report has ties to Haslam family

The Pilot Flying J director who will lead a special committee overseeing an internal investigation into claims of business fraud at the company has connections with owner Jimmy Haslam's family that date back years.

Comment?

Related Topix: Retail, Criminal Defense Law, Law, Steptoe and Johnson, US News, US Federal Bureau of Investigation, Knoxville, TN

Sun May 05, 2013

The Washington Post

TPG Capital, Warburg Pincus Said to Explore Neiman Marcus Exit

TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc.

Comment?

Related Topix: Neiman Marcus Groups, Retail, Startups, Warburg Pincus, Bergdorf Goodman, Personal Finance, Retirement, Business News

Wed May 01, 2013

Washington Examiner

Gov. Haslam's former boss to oversee Pilot probe

Brad Martin, the newly appointed interim president of the University of Memphis who once hired Gov.

Comment?

Related Topix: Bill Haslam, US Governors, University of Memphis, Retail, Transportation, FedEx, Air Courier, Tennessee

WBIR-TV Knoxville

Pilot Flying J hires prominent attorney to oversee internal investigation

A nationally known attorney will lead Pilot Flying J's own internal investigation into an alleged scheme that federal investigators say cheated customers.

Comment?

Related Topix: Steptoe and Johnson, Law, US News, Retail

Women's Wear Daily

Costume National to Show Collection at Saks

Creative director Ennio Capasa will attend the event, which kicks off at 6:30 p.m. and also aims to publicize OrphanAid Africa.

Comment?

Related Topix: Fashion, Costume National, Designers, Retail, Saks Fifth Avenue, Winter, Non-Profit

Sun Apr 28, 2013

Women's Wear Daily

Stephen Sadove, Ron Frasch's Compensation Falls

PageType='article' Category Value='Fashion' Category URL Name='fashion-news' Subcategory Value='Fashion Scoops' Subcategory URL Name='fashion-scoops' Context='main' User Logged In = Online Access = false Archive Access = false Expiration Date = Auto Renew = hasAutologin = hasIPClient = ClientIP = 64.13.133.22 Host name = ... (more)

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Related Topix: Online-Access, Retail

Fri Apr 26, 2013

Seeking Alpha

Is Saks ([[SKS]] -1%) becoming more promotional? Retail analyst Rahul ...

Is Saks becoming more promotional? Retail analyst Rahul Sharma notes the retailer increased the discount rate on an annual friends and family sale to 25% from 20% a year ago.

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Related Topix: Retail

Tue Apr 23, 2013

St. Petersburg Times

Saks Fifth Avenue store in WestShore Plaza to close in May

The New York-based retailer said Tuesday that its location at WestShore Plaza was falling short of company sales goals and will close May 4. In its place will go a flagship store for Dick's Sporting Goods, scheduled to open sometime early next year.

Comment?

Related Topix: Retail, Saks Fifth Avenue, Dicks Sporting Goods, Sporting Goods, Saks, AL, Marketing

BroadwayWorld.com

Saks Fifth Avenue to Close Its Store in Tampa

Retailer Saks Incorporated announced that it plans to close its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Florida on May 4, 2013.

Comment?

Related Topix: Retail, Saks Fifth Avenue, Tampa, FL

Retailing Today

Tampa Saks Fifth Ave. to close doors in May

Retailer Saks Incorporated will be closing its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Fla., May 4. "This planned closing is in line with our strategy of using our resources in our most productive Saks Fifth Avenue stores.

Comment?

Related Topix: Tampa, FL, Retail, Saks Fifth Avenue

Mon Apr 22, 2013

SchaeffersResearch.com

Midday Market Stats: Dow Jones Industrial Average Sheds 52 Points on Disappointing Earnings News

The Dow Jones Industrial Average is down 52 points, or 0.4%, to 14,495.75, after several lackluster quarterly earnings reports -- which included blue-chip component Caterpillar Inc.

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Related Topix: Manufacturing, Construction, Insurance, Caterpillar, Real Estate, Housing, Retail, Day Trading, Financial Markets, Personal Finance

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