April 7 (Reuters) - Retailer Hudson's Bay Co forecast higher-than-expected sales for the coming year on Tuesday, saying it will benefit from robust online demand and strong growth at its Saks Fifth Avenue and OFF 5th stores.
We are lowering our fair value estimate for Saks .
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