When Richard Baker, the chairman and chief executive officer of Hudson’s Bay Co., began the process of buying Saks Fifth Avenue last spring, he had all the financial and due diligence help he could use. Understanding the heart and soul of Saks was another matter.
That’s where Jaqui Lividini, a former Saks fashion merchandising and communications executive and already a close adviser to Baker with his Lord & Taylor and Hudson’s Bay department store holdings, entered the picture. “He needed someone to help with the brand vision, what direction the brand should take, and what I saw as the opportunities for Saks — where its place was in the competitive landscape,” said Lividini. Six weeks later, well before the deal was done, Lividini & Co. handed Baker a 50-page report painting a portrait of Saks and its potential.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)