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Saks Fifth Avenue

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BUSINESS
May 22, 1996 | From Associated Press
There is much that glitters on the counters and racks of Saks Fifth Avenue, but to Wall Street, nothing shines as bright as the retailer itself. Investors are expected to scarf up shares in Saks' parent, Saks Holdings Inc., when it goes public today. Saks' initial stock offering couldn't be timed more perfectly--it comes as upscale stores are enjoying success on the trading floor as well as the selling floor.
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NEWS
October 1, 2013 | By Susan Denley
Saks Fifth Avenue is teaming up with the hot ABC show "Scandal" for a collaboration kicking off Wednesday that celebrates the style of Kerry Washington's character Olivia Pope. Among other things, the retailer's flagships in NYC, Beverly Hill and Chevy Chase, Md., will have window displays focused on designers who have dressed the character. [THR] Lancome announced in a news release on Tuesday that actress Lily Collins is its latest celebrity brand ambassador. Hedi Slimane put on a subversive show at Saint Laurent on Monday during Paris Fashion Week, Los Angeles Times Fashion Critic Booth Moore reports.
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CALIFORNIA | LOCAL
January 27, 2010 | By Andrew Blankstein
In the decades she spent honing her craft, Doris Payne employed classic elegance, refined taste, Southern charm and a sleight of hand that could earn the envy of a talented magician. Like the best illusionists, she had a knack for making things disappear. Payne's life as an international jewel thief is the subject of an upcoming movie, "Who Is Doris Payne?" starring Halle Berry. But given the latest events in Orange County, the filmmakers may want to consider a new ending.
NEWS
July 30, 2013 | By Adam Tschorn and Booth Moore
'Fashion Star' fizzles:  NBC has canceled the reality fashion competition show "Fashion Star," according to the Hollywood Reporter. The series, which featured Jessica Simpson, Nicole Richie and menswear designer John Varvatos mentoring up-and-coming designers, had a two-season run.  [Hollywood Reporter] Saks sold: Saks Inc., parent company of the Saks Fifth Avenue luxury department store chain, was snapped up by Canadian retail giant Hudson's Bay for $2.9 billion (including debt)
BUSINESS
May 8, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Joining a growing list of aging Orange County malls lined up for a face-lift, the owners of the weary Mission Viejo Mall said Thursday they are launching the long-awaited renovation of their center. And in news that's likely to cheer upscale South County shoppers, they announced that tony Saks Fifth Avenue will join Nordstrom as an anchor store at the mall. "That's quite a coup for us," said Art Spellmeyer, senior vice president of development for the Simon DeBartolo Group, which owns the mall.
CALIFORNIA | LOCAL
November 18, 1999 | Angelique Flores, (949) 574-4209
Saks Fifth Avenue today will present checks of $5,000 each to the American Cancer Society, Irvine Barclay Theatre, Laura's House, Mission Hospital Regional Medical Center and the Orange County Marine Institute. The checks will be presented at Saks' preview shopping day, with the store opening to the public Friday. Saks Fifth Avenue is in the Shops at Mission Viejo shopping center, 27000 Crown Valley Parkway.
BUSINESS
August 25, 2005 | From Bloomberg News
Saks Inc., owner of retail chain Saks Fifth Avenue, said it planned to repay $34.2 million that it improperly collected from vendors, plus $14 million in interest. Birmingham, Ala.-based Saks said it had determined that one of six Saks Fifth Avenue merchandising divisions collected $26 million in improper markdown allowances from fiscal 1999 to fiscal 2003 and $8.2 million from 1996 to 1998.
BUSINESS
March 16, 1996 | Times Staff and Wire Reports
Saks to Open 29 Stores in Next 3 Years: Investcorp's Saks Holdings Inc. has also revealed in filings with the Securities and Exchange Commission its intention to go public. The operator of 45 Saks Fifth Avenue stores and 19 Off 5th stores said most of the store openings will be in its Off 5th division, which sells end-of-the-season merchandise at 40% to 70% off. It said it plans to open 14 of the stores this year and seven next year.
BUSINESS
July 8, 2005 | From Bloomberg News
Department store chain Saks Fifth Avenue will close its private-label apparel business to focus on selling designer merchandise. The luxury retailer, a unit of Saks Inc., also will shut its product development division by the end of September. About 15 employees will lose their jobs, Birmingham, Ala.-based Saks said.
BUSINESS
June 4, 2005 | From Associated Press
Saks Inc. said it was conducting a deeper internal probe into payments from its vendors at its Saks Fifth Avenue division. The Birmingham, Ala.-based department store operator said its audit committee would review the timing of the recording of markdown allowances and whether suppliers were improperly charged for failure to comply with the company's policies in logistics, billing or transportation.
NEWS
June 18, 2013 | By Adam Tschorn
Saks Fifth Avenue has partnered with men's accessory brand of the moment, Hook + Albert, on a collection of colorful lapel flowers for the benefit of an LGBT nonprofit group Live Out Loud. The limited-edition multi-color "Pride" boutonnieres , which are handmade in New York City, will sell for $30 each, with proceeds going to benefit Live Out Loud , dedicated to inspiring and empowering lesbian, gay, bisexual and transgender youth. The 1.5-inch in diameter fabric lapel flowers (they aren't technically "pins" since they have a shell button backing that buttons into a jacket lapel's buttonhole)
IMAGE
October 28, 2012 | By Whitney Friedlander
Sometimes it's a subtle nudge to consider another designer. At other times, the voice is more matter of fact, explaining why a certain style doesn't pair with a venue. This Marchesa? The beading may be too much. Do you want to try Jenny Packham? Reem Acra? A beaded belt might not work with this gown. That other gown was pretty, but it was too old. This is better. Are you going to wear a veil? Maybe a hair clip instead? The advice comes to those brides-to-be who shop (and stop to listen)
NEWS
October 25, 2012 | By Booth Moore and Adam Tschorn
Rachel Zoe, Monique Lhuillier, Kate and Laura Mulleavy, Pamela Skaist-Levy, Scott Sternberg, Doug Aitken, China Chow, Jacqui Getty and Sharon Stone were among the notable guests who turned out to fete W magazine's 40th birthday at a pair of events in Beverly Hills on Wednesday night. The festivities began at Saks Fifth Avenue, where W editor-in-chief Stefano Tonchi and actress Catherine Keener hosted a cocktail party and Tonchi, armed with a Sharpie pen, signed copies of a new book chronicling the publication's history.
IMAGE
October 17, 2010 | By Booth Moore, Los Angeles Times Fashion Critic
Say "so long" to short skirts and hello (again) to the 1970s. Get ready to banish black from your wardrobe and get creative with color. Now that the spring runway shows are over in New York, Milan and Paris, it's up to department store fashion directors and boutique owners to package the big ideas. Chanel's garden party, Balenciaga's punk brigade and Marc Jacobs' 1970s show were all memorable on the runways, but will they make it to store racks? Here, retailers offer their takeaways from the season, and ideas about how the trends might trickle down to you. Ken Downing, senior vice president and fashion director, Neiman Marcus Big idea: The vintage Yves Saint Laurent effect, fueled by the major YSL retrospective exhibition that just closed in August in Paris.
IMAGE
January 31, 2010 | By Adam Tschorn
Casino clowns, kickboxing women and flame-belching runways made for memorable moments at the men's fall/winter 2010 runway shows in Milan and Paris. But when it came to the clothes, designers seemed less intent on pushing the envelope and more intent on filling it with paid invoices. The take-away? Clothes that are versatile, adaptable and consummately wearable, drawing on both traditional, refined English tailoring (John Galliano, Alfred Dunhill) and the functional, protective aspects of work wear (Salvatore Ferragamo, Vivienne Westwood)
CALIFORNIA | LOCAL
January 27, 2010 | By Andrew Blankstein
In the decades she spent honing her craft, Doris Payne employed classic elegance, refined taste, Southern charm and a sleight of hand that could earn the envy of a talented magician. Like the best illusionists, she had a knack for making things disappear. Payne's life as an international jewel thief is the subject of an upcoming movie, "Who Is Doris Payne?" starring Halle Berry. But given the latest events in Orange County, the filmmakers may want to consider a new ending.
IMAGE
December 13, 2009
If the best things really do come in small packages, then opening up your Christmas stocking could be even more delightful than unwrapping that huge box with a festive red bow -- which could very well contain a vacuum cleaner or taxidermy jackalope from cousin Ben. Stocking stuffers don't have to come from among the little trinkets that line the shelves in front of the cash register (as useful as the Ped Egg might be, it just doesn't say "holiday...
IMAGE
December 13, 2009 | By Melissa Magsaysay
If the best things really do come in small packages, then opening up your Christmas stocking could be even more delightful than unwrapping that huge box with a festive red bow -- which could very well contain a vacuum cleaner or taxidermy jackalope from cousin Ben. Stocking stuffers don't have to come from among the little trinkets that line the shelves in front of the cash register (as useful as the Ped Egg might be, it just doesn't say "holiday magic")....
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