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.
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)