Luxury Drives Saks to Quarterly Profit, Nordstrom Leaps 75.6%
From This Issue
NEW YORK — Luxe led the way.
Propelled by a robust bounce back from its Saks Fifth Avenue luxury division, Saks Inc. reversed year-ago losses and ran contrary to expectations of a loss with a small but sorely appreciated third-quarter…
SEYMOUR AT HOME: Stephanie Seymour, a former model for Victoria’s Secret, will launch lingerie and sleepwear on Home Shopping Network at midnight on Nov. 25. A sales projection was not available, but the line will sell for $18 to $60. Seymour…