Mr. Steven Sadove, chairman and CEO of Saks Inc. acknowledges the mopre moderate buying of European visitors.
FORBES: Saks Inc. - Attracting New Luxury Consumers from Around the World
Business has been good at Saks Inc. despite the headwinds of a stronger dollar and the economic pressure of the European consumer.
Tellingly, Mr Martin is changing Proffitt's own anonymous moniker to Saks Inc.
ECONOMIST: Retailing takeovers
The second half outlook is favorable for Saks Inc.. Sales increased 4.7% in the first half and management projects a similar increase for the rest of the year.
Martin, the chairman of Saks Fifth Avenue's parent, Saks Inc.
FORBES: He Stoops to Conquer
The abysmal results dragged down numbers for Saks Inc.
Brad Martin, former chief executive of Saks Inc.
WSJ: Fund Firm at Center of Big Game Hunt
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