Saks Plans Strategic Shifts to Adapt

Discounted sales, restructuring charges ate into profits.

Retailer says outlook is “cautious” after full-year sales inch up 0.4 percent.

Saks Fifth Avenue plans more cost cuts, better pricing while reporting $5.1 million loss in the first quarter ended May 2.

Henri Bendel’s fashion director has left her post after three years with the retailer.

The Fragrance Foundation’s French and German affiliates held their respective fragrance awards ceremonies in Paris and Berlin last week.

Beiersdorf, which owns the Nivea, Eucerin and La Prairie brands, said it is adding a new board member for Asia in an attempt to push regional business there.

J.Mendel has promoted Susan Romano, Suzanne Zikas and Jessica Nagel to vice president roles from director ones.

Paris museums exhibit war designs.

After much speculation, Halston has tapped London-based designer Marios Schwab as its new creative director, effective July 1.

For holiday, Mark Badgley and James Mischka “wanted to offer fun and flirty, yet sophisticated dresses [for] younger girls,” explained Mischka.

Isabel Toledo and Ruben Toledo receive the André Leon Talley Lifetime Achievement Award.

Gap is going back to beige this summer with a special collection and ad campaign devoted to khaki.

“For me, calling at Bulgari’s shop is like visiting the best exhibition of contemporary art.”

Shoring up sliding North American sales, driving e-commerce and expanding in international markets are key goals for Gap Inc.

Stronger dollar, cautious customers hurt results.

At Guess, Maurice Marciano’s pay is up while Paul Marciano’s shrinks slightly.

TJX’s customer traffic, sales and comps all increase in the quarter.

Forever 21 Inc. co-founder Jin Sook Chang said she was not even aware of the Trovata brand until after the lawsuit was filed.

Atlanta rapper Dolla, whose real name is Roderick Anthony Burton 2nd, was slain in valet parking area of the Beverly Center.

Annie Leibovitz commandeered center stage at the Fashion Institute of Technology’s commencement.

Coach is taking its most aggressive stance ever against counterfeiting.

Roberto Rossellini and Ingrid Bergman were wary of being photographed by Gordon Parks.

Denim maker to open first company-owned unit.

Sources told WWD Emerisque late Monday submitted an updated bid for Hartmarx, one that provides a return to creditors of 90 cents on the dollar.

Zac Posen clearly had loads of fun designing furs for Pologeorgis. And his quirky approach to this season created a collection of items.

Raffaele Ilardo has joined Oscar de la Renta Ltd. as ateliers director and creative adviser to Oscar de la Renta.

Alaska Gov. Sarah Palin has been exonerated by the Federal Election Commission.

Brooke Astor’s grandsons testified against their father, Anthony Marshall.

Nordstrom is looking at Union Square location for its first Manhattan store.

Matthew Corin has joined Hugo Boss as vice president of merchandising for the Americas.

Hampshire Group Ltd. said a weak retail market and bankruptcies among its retail customers caused lagging sales as its first-quarter losses more than doubled.

The day’s top gainers and losers.