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Saks Fifth Avenue

  • Stein Mart names former Neiman Marcus CEO to board

    Jacksonville, Fla. – Stein Mart, Inc. has named Burton M. Tansky to the company's board of directors. Tansky was with The Neiman Marcus Group for 23 years, retiring as president and CEO in 2010.

  • O’Connor Capital acquires Palm Beach center

    New York — O’Connor Capital Partners has acquired 150 and 151 Worth Avenue, a 142,000-sq.-ft. luxury shopping center in Palm Beach, Fla. O’Connor made the acquisition on behalf of an institutional client.

    The Goodman Company developed the center from 1978 to 2001. Saks Fifth Avenue and Neiman Marcus anchor the center, which is also home to Gucci, Louis Vuitton, Tory Burch and Pucci as well as several other national and local tenants.

  • Big changes in store at Vera Bradley

    Former Kohl’s and Carhartt merchandising executive Sue Fuller was named chief merchandising officer at Vera Bradley, an upscale retailer and designer brand looking to restore growth under the leadership of new CEO Robert Wallstrom.

  • Saks Fifth Avenue has new marketing chief

    Saks Fifth Avenue, a subsidiary of Hudson's Bay Company, has appointed Mark Briggs as its chief marketing officer, reporting to president Marigay McKee, effective March 2014.

    “Mark brings a wealth of experience in luxury brand management with a proven track record of creating retail magic around heritage brands. His passion for retail theater and essential understanding of the customer will be integral to our success,” said McKee. “I am thrilled to welcome Mark to the Saks team, where he will play a key role on the executive committee.”

  • HBC looks to new president to drive growth

    Hudson’s Bay Company has named Donald Watros, currently the company’s COO, as president of HBC, a newly expanded role. The appointment is effective Feb. 1, 2014.

    The move comes as the company restructures its leadership so it can focus on managing and growing HBC’s presence in North America, as well as its expanding portfolio of brands.

  • Changes to Tumi’s board of directors

    Tumi Holdings has named Joseph R. Gromek as chairman of the company’s board of directors. Gromek, who joined the board in April 2012, succeeds Richard P. Hanson, who has stepped down as chairman.

    Until his retirement in February 2012, Gromek served as president and CEO of the Warnaco Group since April 2003, and as a member of the company’s board. From 1996 to 2002, Gromek served as president and CEO of Brooks Brothers. During the past 25 years, Gromek has also held senior management positions with Saks Fifth Avenue, Limited Brands and Ann Taylor Stores.

  • Saks Off 5th launches e-commerce site on Demandware platform

    New York -- Saks Fifth Avenue Off 5th has launched its first e-commerce site, saksoff5th.com, on the Demandware platform. The new site is a significant milestone in the company’s omni-channel strategy, which will also include mobile and tablet commerce and digital integration with stores.

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