NEW YORK — In its bid to buy Saks Fifth Avenue, Hudson’s Bay Co. faced competition right down to the wire.
According to sources, Neiman Marcus Group, working with private equity firm KKR & Co., was back in the running for Saks as late as last week, after an earlier pursuit that fell flat. The second time around was a more compelling offer, sources said, but Saks nixed Neiman’s because a government antitrust investigation of a Neiman’s-Saks combination would have delayed a deal for months and caused administrative burdens for both retailers considering the enormous documentation that would have been required by the government.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)