Getting in the Mood: Financial Players See Saks Warming to Offers
Saks Inc. could be getting ready to entertain suitors. Sources indicated that the luxury retailer is opening the door to the possibility of a sale and may even have at least two interested buyers.
From This Issue
A licensing deal with Polo Ralph Lauren can be golden for a manufacturer, as illustrated by the company’s thriving sunglasses and fragrance businesses. But, as the megabrand grows, such deals have become more elusive because the company is bringing…