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Saks Global

Pat McGrath

A Pat McGrath Shake-Up & More Versace Acquisition Murmurs

A concise digest of fashion world news and notes: the unhinged farewell email from outgoing Pat McGrath Labs C.E.O. Rabih Hamdan, what Capri boss John Idol’s investor day presentation signals for a layoff-impacted Versace, and how Nordstrom poached Neiman Marcus’s “most powerful personal shopper.”
Lauren Sherman & Rachel Strugatz • February 20, 2025
Lauren Sherman & Sarah Shapiro • February 19, 2025
A Neiman Marcus Tragedy & Trump’s VAT Attack Playbook
Neiman Marcus Dallas
News and notes from around the fashion world: the inside chatter emanating from the NikeSkims debut, the sad shuttering of Neiman Marcus’ downtown Dallas flagship, and how global fashion and apparel businesses are bracing themselves for Trump’s reciprocal tariff plan.
Lauren Sherman & Rachel Strugatz • February 17, 2025
Gucci’s ‘White Lotus’ Invasion & The Saks Payment Sitch
Marc Metrick Saks
The latest developments in the Saks Global brand payment micro-scandal, Edward Enninful’s post-Vogue media venture, Drew Elliott’s destination after his MAC exit, and Gucci’s ‘White Lotus’ takeover.
Michael Kors
Lauren Sherman • February 13, 2025
An NYFW Postmortem & Another Saks Defenestration
A collection of fashion world news and insights: The highlights and missed opportunities for brands and designers as NYFW wraps up, notes on the short-lived tenure of Saks Global’s latest C.F.O., and an ostensible swan song for Frenceso Ragazzi’s Palm Angels.
cathy horyn
Lauren Sherman • September 12, 2024
I Get Letters! A Look Inside the Fashion Week Mailbag
In which I try my best to answer all your questions about Beyoncé’s weird whiskey-a-go-go GQ cover, Ozempic’s impact on the fashion industry, Cathy Horyn’s future, JCPenney’s long goodbye, and much more.
Meryl Streep Devil Wears Prada
Lauren Sherman • July 8, 2024
Devil in a Cerulean Blue Dress
Finally, a ‘Devil Wears Prada’ sequel is in the works, with Miranda Priestly facing the dystopian post-aughts realities of the magazine business. In other declining-industry news: notes on the Saks-Neimans merger.
lina khan
Lauren Sherman • April 22, 2024
Capri-Tapestry Jitters & The Wrath of Khan
Fashion insiders are bracing for the activist F.T.C. crusader to take a shot at the Tapestry-Capri merger. Meanwhile, things are getting real in the Neiman Marcus-Saks negotiations. Would Khan hold a gun to that deal, too?
Marc Metrick, Jennifer Lawrence and Delphine Arnault at the Saks Fifth Avenue Dior Holiday event.
Lauren Sherman • November 27, 2023
Saks Attack
An update on their Dior deal, the Estée Laundry rumors, all that fundraising, and the Neiman Marcus roll-up fantasies.
Saks Fifth Avenue-owner Richard Baker.
Lauren Sherman • October 12, 2023
More Thoughts on the Saks-Neiman Flirtation
The player haters in Paris were out for Saks. Is this because the fashion crowd is frowning on Richard Baker’s Neiman Marcus M&A fantasy? Or because there is trouble? Or are people in this business just bored and mean? (I’m not talking about you, though.)
Richard Baker, chairman of Hudson’s Bay Company (HBC), which owns Saks Fifth Avenue.
Lauren Sherman • August 31, 2023
Neiman Marcus & Saks: A Portrait of a Marriage in Preview
Is Saks’ hunt for the more upscale Neiman a brilliant retail play, a smart real estate move, or the luxury Pam and Tommy sitch of our time?