Saks Fifth Avenue has moved into its new home at Hudson’s Bay Co.
Hudson’s Bay said its deal to buy Saks Inc. for $3 billion, which includes debt and expenses, closed today. Saks stockholders get $16 for each of their shares, and Hudson’s Bay’s chief executive officer Richard Baker gets a third, and more upscale, chain for his retail business, which already included Hudson’s Bay and Lord & Taylor.
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?"