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Saks

construction and designNewsretailers

Saks Strengthens Commitment to Men’s Business Online and In Stores

by Katie Lee

New York City — Saks has unveiled a new men’s shopping experience on the seventh floor of Saks Fifth Avenue’s New York flagship store and expanded its menswear assortment online as part of the luxury retailer’s ongoing commitment to its men’s business. The 40,000-square-foot advanced designer and contemporary ready-to-wear department offers more than 70 brands — 23 of which are new to the store — and features shop-in-shops by key men’s brands including CELINE, Dior Men, Gucci, Louis Vuitton, and more. “Our men’s business has experienced significant growth over the …

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Newspeopleretailers

Chico’s FAS, Inc. Appoints Chief Financial Officer

by Katie Lee

Fort Myers, Fla. — Chico’s FAS, Inc. has appointed Patrick J. (PJ) Guido as its new chief financial officer, effective September 20, 2021. He will report directly to Molly Langenstein, chief executive officer and president of Chico’s FAS. Guido has more than 20 years of finance and operations experience and has held numerous executive leadership roles at premier retail and consumer companies. He most recently served as senior vice president and chief financial officer at Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the …

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David’s Bridal Appoints New VP of Global Creative & Brand Marketing

by Katie Lee

Conshohocken, Pa. — David’s Bridal has appointed Bryan Dow as vice president of global creative and brand marketing. He joined the company on April 5, 2021. Dow comes to David’s with over 20 years of strategic creative and brand marketing experience holding multiple leadership roles at national brands including OshKosh B’gosh, DSW Designer Shoe Warehouse and Lands’ End. In his new role at David’s Bridal, Dow will lead the brand and creative teams with a strategic focus on accelerating the company’s brand presence and creative marketing strategies. He will report …

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HBC and Insight Partners Launch Saks as a Standalone E-Commerce Company

by Katie Lee

New York City — HBC and leading growth capital investor Insight Partners have entered into a partnership that establishes Saks Fifth Avenue’s e-commerce business as a standalone entity, which will be known as Saks. Insight Partners has made a $500 million minority equity investment in Saks, valuing the business at $2 billion. The retailer’s 40-store fleet will operate separately as an entity referred to as SFA, which remains wholly owned by HBC. As separate but related sister companies, Saks and SFA will be better able to appropriately plan for and …

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