Hudson’s Bay Co.’s deal to acquire Saks Inc. is on track and Richard Baker is busy crafting his plan for how the two companies will be brought together.
Baker,chief executive officer, told analysts on Hudson’s Bay’s second-quarterconference call that he was exploring, among other things, a broaderrollout of its Lord & Taylor outlet stores under Saks’ Off 5thumbrella. Lord & Taylor currently has only four outlet stores.
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?"