O. Mason Hawkins apparently likes what he sees in Saks Inc.
Hawkins, whose Southeastern Asset Management Inc. late last year eclipsed both Mexican billionaire Carlos Slim Helú and Tod’s SpA chief executive officer Diego Della Valle to become Saks’ biggest shareholder, has added more Saks shares to his portfolio to elevate the investment fund’s stake to 19.2 percent, up from the 17.8 percent reported to the Securities and Exchange Commission in December.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)