It’s a year after Hudson’s Bay Co. bought Saks Fifth Avenue for $2.9 billion and HBC’s chairman is still touting how great the deal was, particularly from the real estate perspective.
“We believe Saks’ real estate is worth at least as much as we paid for the company,” Richard Baker, HBC’s chairman, said Tuesday at the retailer’s annual meeting in Toronto, where he hinted at the possibility of real estate sales in the future.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)