A deal for the sale of Saks Fifth Avenue is expected to come Monday morning, with Hudson's Bay Co. emerging as the winner, according to sources.
Richard Baker, chairman of Hudson’s Bay, has reportedly informed close associates that he is confident he’s got the winning bid. Baker has long been interested in buying Saks to beef up his retail portfolio, which includes Lord & Taylor and Hudson’s Bay, and because Saks has valuable real estate and a luxury image.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"