Saks Inc. detailed the six-month process that led to last month’s deal with Hudson’s Bay Co. in a Securities and Exchange Commission filing Tuesday. Most of the names were redacted, but the players are believed to include Catterton Management as Sponsor A, Neiman Marcus Inc. as Company B and private equity firm KKR & Co. as Sponsor C (which helped Saks make its run at Neiman’s), as well as Ares Management, Holt Renfrew and Starwood Capital. RELATED STORY: HBC's Saks Purchase — The Anatomy of a Deal >>
FEBRUARY • Sponsor A calls Saks chairman and chief executive officer Stephen I. Sadove to express interest in an acquisition.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"