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As Chief Merchandising Officer of Saks, Tracy Margolies leads the merchandising strategy…
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This resonates deeply with me. The difference between a true leader and someone who fosters toxicity is clear. A true leader empowers, while a toxic…
This resonates deeply with me. The difference between a true leader and someone who fosters toxicity is clear. A true leader empowers, while a toxic…
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Thank you Cathaleen Chen for highlighting Petite Plume's unique strategy of popping up in unexpected locations through intentional collaborations.
Thank you Cathaleen Chen for highlighting Petite Plume's unique strategy of popping up in unexpected locations through intentional collaborations.
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I'm never in a rush for the weekend to end BUT I cannot wait for our event on Tuesday! ⭐ And with discount code 4A50 for 50% off registration…
I'm never in a rush for the weekend to end BUT I cannot wait for our event on Tuesday! ⭐ And with discount code 4A50 for 50% off registration…
Liked by Tracy Margolies
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As of this morning, something like 70% of Sarasota still had no power. I have to give a huge thank you to every member of my leadership team. They…
As of this morning, something like 70% of Sarasota still had no power. I have to give a huge thank you to every member of my leadership team. They…
Liked by Tracy Margolies
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"We hit a niche." Read Entrepreneur Media’s recent feature on our founder and CEO, Emily Hikade, where she shares the journey of creating Petite…
"We hit a niche." Read Entrepreneur Media’s recent feature on our founder and CEO, Emily Hikade, where she shares the journey of creating Petite…
Liked by Tracy Margolies
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WWD
Key functions of the Saks.com, the Saks Fifth Avenue stores known as SFA, and Saks Off 5th companies are being merged under the Saks Global umbrella. The strategy represents an effort to create efficiencies and will lead to what sources said were about 100 layoffs, or 1 percent of the staff, including the elimination of certain positions. Legal, technology, operations, people, communications and finance teams from the three companies will be consolidated under the Saks Global corporate umbrella. Read more here: https://lnkd.in/eFCWHy4e
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Footwear News
Ralph Lauren Corp., one of fashion’s most consistent performers, topped fourth-quarter earnings estimates as it continued to focus on its core products and push up its average unit prices. In the fourth quarter, Ralph Lauren’s net income jumped 180 percent to $90.7 million, or $1.38 a diluted share, from $32.3 million, or 48 cents, a year earlier. Adjusted earnings of $1.71 a share came in 5 cents ahead of the $1.66 analysts had penciled in, according to Yahoo Finance.
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Neil Saunders
Thanks to The Business of Fashion for including my thoughts in this article on the potential acquisition of Neiman Marcus by the parent of Saks Fifth Avenue. The merger of the two companies will create some benefits, but it still leaves lots of questions as to their future place in the luxury retail sector. In my view, corporate dealmaking is always exciting and generates a lot of promises. However, the real challenge is actually delivering on those promises. More in the article: https://lnkd.in/eny9tJzC #retail #retailnews #luxury #departmentstores #fashion #apparel
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