The deal to take Hudson’s Bay Co. private is back on. A group of shareholders, including Richard Baker, agreed to buy out the company’s minority stockholders for $11 Canadian a share — giving the Saks Fifth Avenue parent a valuation of $2 billion. (The deal for the company, listed in Toronto, is valued in Canadian […]
Sagamore Hill Partners, a new real estate investment firm, is anticipating a busy start to 2020, what with all the disruptions that have been roiling the retail industry. Principals of the business — Ripco Real Estate LLC partners Peter Ripka, Todd Cooper, Gene Spiegelman and Mark Kaplan — formed Sagamore with Alex Janoff, a partner […]
Cartier has unveiled its latest campaign for its Panthère de Cartier collection, tapping a mix of ambassadors from within the French jeweler’s stable. The 56-second film is made by German videographer Jonas Lindstroem, known for his art house film “Truth or Dare” and a film for Beyoncé’s Ivy Park collection. Annabelle Wallis in the new […]
LONDON — Pronounce is the latest fashion label to work with Renzo Rosso’s Diesel on a capsule collection. Some pieces from the collection will debut with Pronounce’s fall 2020 fashion show in London, and a show featuring the full lineup will take place during Shanghai Fashion Week in late March. The capsule will be available in […]
Glass-ceiling-breaking retail executive Rosalind Gersten Jacobs also forged inroads in the world of Surrealist art. Jacobs, 94, died Dec. 21 at her New York City apartment. The native New Yorker studied drawing and painting early on before graduating from Hunter College and enlisting in Macy’s “training squad” in 1949. She started as an accessories buyer […]