NEW YORK — Hudson’s Bay Co.’s $2.9 billion takeover of Saks Inc. is set to close Monday and personnel changes are already sweeping through the retailer.
Saks shareholders signed off on the deal Wednesday morning at a special meeting at the University Club here. Later in the day, outgoing chairman and chief executive officer Stephen Sadove detailed a raft of high-level departures in an internal memo obtained by WWD.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)