It’s not a done deal yet but an eager Richard Baker has been touring Saks Fifth Avenue locations, eyeing potential closings as well as capital improvements, and locations that could be converted to Lord & Taylor units.
There is clearly work to do. On Monday, Saks Inc. reported second-quarter numbers that were weak, sparking speculation among vendors and analysts about what Baker, the chairman and chief executive officer of Hudson’s Bay Co., could do to improve Saks and its anemic profitability. It’s a business which, like Neiman Marcus, is widely viewed as having limited growth potential, but the cachet endures and Baker has an adventurous streak that could take the brand in new directions.
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)