NEW YORK — There are big changes ahead at Saks, Inc., starting at the top.
Stephen I. Sadove, Saks’ chairman and chief executive officer, and Ronald Frasch, president and chief merchandising officer, are both leaving the business in the wake of the Hudson Bay Co.’s $2.9 billion takeover, according to sources. An announcement is expected imminently, possibly Monday.
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)