is a further example of this, in our opinion. The Canada-based retailer, which controls the Lord & Taylor and Saks Fifth Avenue brands, has chosen Simon as its partner for a new joint venture that will initially own 42 of Hudson's Bay's
marketplace. Ralph Lauren has developed key relationships with wholesale department store partners, ranging from the high-end Saks to exclusive products at Kohl's, which give it an advantage over smaller competitors with less established brands. In
Aug 5 (Reuters) - Neiman Marcus has selected underwriters for a near term initial public offering, in the latest sign that the high end department store is looking towards going public rather than...
pay $16 a share in cash and assumed debt for Saks SKS . We think this is a good price for Saks ' shareholders and believe the deal will go through. The deal values Saks ' equity at $2.4 billion, or $2.9 billion
retained the higher-end transactional cards that did not have high rolling balances, such as Neiman Marcus or Saks Fifth Avenue . All the while, Capital One has been focused on expanding its automotive and commercial lending segments. Despite
Saks ' SKS stock has risen again to nearly $16, well above our $9 fair value estimate, following a Friday New York Post report that Starwood
(Reuters) - Real estate investment firm Starwood Capital Group LLC Chief Executive Barry Sternlicht has made an offer for Saks Inc , the New York Post reported on Friday, driving the luxury...
Saks SKS announced plans to unload its ..... the idea of a slimmed-down Saks . The move in the late 1990s to combine the Saks Fifth Avenue chain with a handful of regional ..... s poor recent performance. Saks is focused on reconnecting with
On Tuesday, rumors surfaced that Saks SKS had hired Goldman Sachs GS to explore ..... as we've previously highlighted Saks as a retailer with attractive real ..... view is that a leveraged buyout of Saks is unlikely in the current environment
NEW YORK (Reuters) - Shares of Saks Inc climbed higher Tuesday after the New York Post reported that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including...