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Search resuls for: "Saks Fifth"


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Although my Platinum Card® from American Express charges a $695 annual fee, I find it saves me money. That's why it may be surprising to learn that one of my biggest travel game-changers involves spending money with a travel credit card. Like the 41% of Americans with a travel card, I use mine to save money on hotels, flights, and more. Although the $695 annual fee for my American Express Platinum Card seems steep at first glance, it's actually saved me money in the long run. My American Express Platinum Card gives me access to the Centurion LoungeI love enjoying delicious complimentary food in the Centurion Lounge.
Persons: I'm, it's, Emily Hart, Uber, Uber Cash, Cash Organizations: American Express, Uber, American, Disney, ESPN, The New York Times, Fine, Clear Plus, TSA, Saks, Saks Fifth Locations: Hulu, Waikiki, U.S
The following month, 10 men were indicted in Oklahoma, charged with conspiracy to commit wire fraud for allegedly operating a refund fraud service named Artemis Refund Group. A thriving refund fraud marketFor every refund fraud service shut down by law enforcement, swarms of similar groups remain open for business. CNBC viewed several active refund fraud services on encrypted messaging app Telegram, each with thousands of followers. Zoom In Icon Arrows pointing outwards A Google form from an active refund fraud service explaining which stores it targets and how much it charges customers. Zoom In Icon Arrows pointing outwards A refund fraud service claims to have access to Amazon insiders in a Telegram post.
Persons: Stephanie Keith, Noah Page, Page, he'd, Ralph, , Rick Owens, Sajed Al, Ralph Lauren, Uber, Maarej, Chris Black, Amazon, Al, they'd, Rekk, Cyril Noel, Tagoe, Noel, Louis Vuitton, scammers, Reddit, Brittany Allen, Allen, Remi Vaughn, Vaughn, she's, David Johnston, Johnston Organizations: Bloomberg, Getty, CNBC, National Retail Federation, Appriss, Amazon, Page, Riverside Press, Medianews, PayPal, Retailers, Artemis, Walmart, Apple, Nike, eBay, Saks Fifth, DoorDash, Google, MacBook, Mail, UPS, U.S . Postal Service, Al, Rekk, Gucci Locations: New York, Chattanooga , Tennessee, Reddit, TikTok, Eastvale, Michigan, Oklahoma, Chattanooga
Sara Blakely's shapewear brand, Spanx, made her one of the world's youngest self-made female billionaires. Sara Blakely attends the launch of Haute Contour by Spanx at Saks Fifth Avenue in 2009. Two years later, her body-shaping invention went into production and was named one of "Oprah's Favorite Things," making it a favorite of celebrities and everyday customers alike. In 2012, Blakely appeared on the cover of Forbes as the world's then-youngest self-made female billionaire at age 41. Today, at 52 years old, she ranks 22nd on Forbes' list of America's self-made women with a net worth of $1.1 billion.
Persons: Sara Blakely's shapewear, Sara Blakely, Joe Kohen, Blakely Organizations: Spanx, Saks Fifth, Forbes
The hedge fund that owns True Religion is exploring a sale of the Y2K-era jeans brand as it returns to growth and profitability after emerging from its second bankruptcy, CNBC has learned. It's unclear what valuation True Religion is seeking, but it could sell for a mid single digit multiple of its EBITDA, the people said. Farmstead Capital Management, True Religion's owner, has hired Baird to run the sale process. True Religion went public in 2003 and made headlines for its growth and profits. Buckley, who helmed the company during its 2000s heyday and returned in 2019, has transformed True Religion into a leaner machine.
Persons: Baird, Baird didn't, Juicy Couture, Jessica Simpson, Britney Spears, Neiman Marcus, Bloomingdales, Michael Buckley, athleisure, Buckley, Levi Strauss, Levi, Michael Kors, Ralph Lauren Organizations: CNBC, Farmstead Capital Management, Saks Fifth, Religion, Nike Locations: Angeles
He has had a fashion business in New York since the late 1980s, the same decade that Michael Kors and Donna Karan started their namesake lines. From 1999 to 2018, he showed two collections each year, some on the schedule at New York Fashion Week. But Michael Brown, 66, and his brand, B Michael, are not household names. For most of his career, B Michael has focused on made-to-order pieces — some everyday items, and others for red carpets, galas or photo shoots. He describes his aesthetic as “modern day Audrey Hepburn.” Beyoncé, Halle Berry, Whitney Houston, Diahann Carroll, Lena Horne and the jazz singer Nancy Wilson have all worn B Michael clothes.
Persons: Michael Kors, Donna Karan, Michael Brown, Michael, Audrey Hepburn, ” Beyoncé, Halle Berry, Whitney Houston, Diahann Carroll, Lena Horne, Nancy Wilson Organizations: of Fashion Designers of America, New York, Saks Fifth Locations: New York
ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman's CEO told CNBC there's "no need" to sell the business, adding it's unlikely to change hands in the next five years. Some people close to the companies have told CNBC a merger between the two is inevitable, and is a matter of when, not if. But Neiman's CEO Geoffroy van Raemdonck said there is currently "no process to sell the company." Eventually, those owners will seek to offload the business, but van Raemdonck said it won't be any time soon. They have not yet received an offer that was large or attractive enough to move the needle, a source familiar with the matter previously told CNBC.
Persons: Neiman Marcus, Geoffroy van Raemdonck, there's, van Raemdonck, Neiman, There's Organizations: Saks, CNBC, Street, Pacific Investment Management, Davidson, Capital Management, Sixth Street Partners, Neiman, CNBC PRO Locations: ORLANDO, Fla, Orlando
A merger of Saks and Neiman could help the chains negotiate better terms with suppliers and allow them to strip out duplicate costs. Photo: ed jones/Agence France-Presse/Getty ImagesSaks Fifth Avenue wants to buy rival Neiman Marcus. But the two luxury retailers can’t agree on the terms of a marriage. This week, Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3 billion, according to people familiar with the situation. Neiman objected to the deal’s structure, a significant portion of which wasn’t in cash, some of the people said.
Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France
A merger of Saks and Neiman could help the chains negotiate better terms with suppliers and allow them to strip out duplicate costs. Photo: ed jones/Agence France-Presse/Getty ImagesSaks Fifth Avenue wants to buy rival Neiman Marcus. But the two luxury retailers can’t agree on the terms of a marriage. This week, Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3 billion, according to people familiar with the situation. Neiman objected to the deal’s structure, a significant portion of which wasn’t in cash, some of the people said.
Persons: Neiman, Neiman Marcus Organizations: Saks, Agence France
Saks and Neiman Marcus are better together
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +2 min
The signage outside the Neiman Marcus store is seen during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 19, 2020. REUTERS/Jeenah Moon Acquire Licensing RightsNEW YORK, Dec 1 (Reuters Breakingviews) - Saks Fifth Avenue and Neiman Marcus might be headed down the aisle. The two luxury retailers are in talks to merge, according to the Wall Street Journal on Friday. By joining forces, Saks and Neiman would have more power negotiating with vendors and ability to control costs. Saks and Neiman are destined to match up.
Persons: Marcus, Neiman Marcus, Neiman, Jennifer Saba, Robert Cyran, Aditya Sriwatsav Organizations: REUTERS, Reuters, Saks Fifth, Wall, Saks, HBC, Dallas, Ares Management, Plan Investment Board, Bain, Neiman, X, Barclays, Thomson Locations: New York City, U.S, Canada
“Let’s light it up!” the actress Jennifer Lawrence said on Monday night as she helped to reveal the holiday windows and kick off the annual lights show at Saks Fifth Avenue. As is tradition, onlookers crammed behind barricades near 50th Street as performers — in this case from the Martha Graham Dance Company — flooded Fifth Avenue. Behind them, nearly 300,000 lights illuminated what is described as a “wheel of fortune” installation, which covered 10 stories of the Saks Fifth Avenue New York flagship facade. Ms. Lawrence, a longtime Dior ambassador, gathered alongside other actresses, including Tracee Ellis Ross, Rachel Zegler, Ashley Park, Alexandra Daddario, Lola Tung and Maya Hawke. They packed onto bleachers across the street for the show, which included fireworks launched from the roof of the department store.
Persons: Jennifer Lawrence, Martha Graham, Dior, Christian Dior’s, Ms, Lawrence, Tracee Ellis Ross, Rachel Zegler, Ashley Park, Alexandra Daddario, Lola Tung, Maya Hawke Organizations: Saks Fifth, Martha Graham Dance Company, Saks, Avenue New Locations: Fifth, Avenue New York
BANGKOK (AP) — Shares declined Friday in Asia, with Hong Kong's benchmark retreating on selling of property shares following recent gains. Japan reported its consumer inflation rose for the first time in four months, with big gains in food prices and hotel rates as tourism has soared. Political Cartoons View All 1265 ImagesChinese shares fell back after recent gains driven by expectations of more government support for debt-burdened property developers. On Thursday, European shares edged higher in thin trading. Britain’s FTSE 100 edged 0.2% higher to 7,483.58.
Persons: ” Robert Carnell, Min Joo Kang, Korea's, Germany’s DAX Organizations: , Bank of, ING Economics, Nikkei, CAC, Dow, Nasdaq, Black, Walmart, Saks Fifth, Federal, New York Mercantile Exchange, Brent, U.S Locations: BANGKOK, Asia, Japan, Hong Kong, Shanghai, Australia, Bangkok, Paris
NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago. For the holiday 2021 season, sales for the two-month period surged 12.7%. Many retailers had already ordered fewer goods for this holiday season and have pushed holiday sales earlier in October than last year to help shoppers spread out their spending. But retailers said that many shoppers will be focusing more on deals and will likely wait until the last minute.
Persons: Brian Cornell, There’s, , Marc Metrick, Kohl's, Barbara Lindquist, That's, Lindquist, she’ll, , Sensormatic, Marshal Cohen, ” Cohen, , Anne Organizations: , Shoppers, Walmart, Saks Fifth, Saks, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Hawthorne Woods , Illinois, Panama, U.S
High risk, High reward: Life Lessons with Lindsey Vonn
  + stars: | 2023-11-15 | by ( Chris Taylor | ) www.reuters.com   time to read: +4 min
[1/2] Olympic gold medalist skier Lindsey Vonn speaks during an interview with Reuters in New York City, New York, U.S., May 17, 2022. After doing that for years – and being the best in the world at it – nothing much fazes Lindsey Vonn. For the latest in Reuters' "Life Lessons" series, she talked with us about how to attack your career with speed, skill and courage. One thing he made sure I understood was that ski racing didn't make any money. Q: Was it difficult to plan a financial life, when you are only paid when you win?
Persons: Lindsey Vonn, Chris Taylor, Lauren Young, Richard Chang Organizations: Reuters, REUTERS, Angel City FC, SAG, Salt Lake, Saks Fifth, Thomson Locations: New York City , New York, U.S, Salt,
Economists polled by Reuters had forecast retail sales would fall 0.3%. Excluding automobiles, gasoline, building materials and food services, retail sales rose 0.2% in October. Data for September was revised up to show these so-called core retail sales rising 0.7% instead of the previously reported 0.6%. Core retail sales correspond most closely with the consumer spending component of GDP. Goods prices rose 0.8% in September.
Persons: Bill Adams, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: Saks Fifth, REUTERS, WASHINGTON, Federal, Comerica Bank, Commerce, Data, Reuters, United Auto Workers, Treasury, Consumer, Labor Department's Bureau of Labor Statistics, Wednesday, PPI, Reuters Graphics, Fed, Thomson Locations: New York City, U.S, Dallas, Commerce Department's
Zoom In Icon Arrows pointing outwards Credit: The Frankie ShopZoom In Icon Arrows pointing outwards Credit: The Frankie ShopWhile a bit more expensive than Zara, they offer more curated products and on-trend, minimalist designs. Zoom In Icon Arrows pointing outwards Credit: IntimissimiSilk and cashmere are sought after because the process to create them takes so long. Zoom In Icon Arrows pointing outwards Credit: MejuriMy must-haves are the pearl-stud earrings ($198) and delicate chain necklace ($148). Zoom In Icon Arrows pointing outwards Credit: Mejuri5. Zoom In Icon Arrows pointing outwards Credit: Uniqlo
Persons: Celine, Max Mara, Zara Zara's, Zara, Uniqlo Organizations: Gucci, Saks Fifth, Uniqlo Locations: Zara, New York City, Paris
American Express just announced plans to open its fourteenth Centurion Lounge location in the US, at Newark Airport. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. While the Centurion Lounge at Newark Airport won't open until 2026, American Express has shared some initial details on what to expect. Finally, the Newark Centurion Lounge will also feature a 1,400-square-foot indoor terrace with views of the airport and Manhattan. American ExpressHow to access the Newark Centurion loungeYou can access the upcoming Newark Centurion Lounge (and any other Centurion Lounge that's already open) if you have the The Platinum Card® from American Express, The Business Platinum Card® from American Express, or the invite-only Centurion Card.
Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Amex Organizations: Express, Newark Airport, American Express, Service, Vegas McCarran, Newark Liberty International Airport, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, New, Newark, Newark Centurion Locations: Manhattan, Wall, Silicon, Hulu, Newark, New York, JFK, LaGuardia, York
Jeffrey A. TrachtenbergJeffrey Trachtenberg covers the book industry and is part of the Journal’s Media and Marketing Bureau in New York. Other topics in Jeff’s coverage have included the popularity of political books, debates over “cancel culture” within publishing houses and other literary trends. Jeff co-authored a 2021 series on the succession drama at Scholastic, following the unexpected death of the children’s publisher’s longtime boss. Jeff has also covered the magazine industry for the Journal, chronicling how giants such as Condé Nast have sought to pivot from a focus on glossy print titles into online publishers. Previously, Jeff covered the retailing, consumer electronics and music industries for the Journal, reporting on such big retail chains as Federated Department Stores and Saks Fifth Avenue, and the music arms of Sony, Bertelsmann and Polygram.
Persons: Jeffrey A, Trachtenberg Jeffrey Trachtenberg, he’s, Barnes, Noble, Jimmy Carter, Philip Roth, J.K, Rowling, Jeff, Condé Nast, Barry, Meredith, Ralph Lauren, Jacqueline Bisset, Kirk Douglas, Lew Wasserman Organizations: Journal’s Media, Marketing Bureau, Scholastic, IAC, Better Homes, Gardens, Federated Department Stores, Saks Fifth, Sony, Bertelsmann, Polygram, Forbes, Franklin & Marshall College Locations: New York, Westchester, N.Y
So I'll admit I got The Platinum Card® from American Express for the clout. Getting an Amex didn't change my finances or my life, and I knew it wouldn'tI held my Amex Platinum card as I did with my driver's license when I was 16. Financial therapist Aja Evans says my Amex credit card is one way of coping with self-esteem issues, but it's a bandage. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Products in this post: The Platinum Card® from American Express, American Express® Gold Card
Persons: Achilles, I've, wouldn't, I'm, Aja Evans, Evans, it's, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash Organizations: Service, American Express, Yorker, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, American, Products Locations: Wall, Silicon, Hulu
Rachel Dube took a 20-hour flight with United Polaris business class. Dube says the flight went very quickly and she would fly United's Polaris business class again. A Polaris Business class seat. I found that it was a game-changer during the twenty hours spent flyingThis wasn't my first time flying United Polaris business class, but I found it helped me combat jet lag. Overall, I loved the space, comfort, and service onboard United's Polaris business class and I will definitely be flying it again.
Persons: Rachel Dube, Dube, I've, I'm, I, I'd, Sunday Riley, Riley toiletries, Rachel Organizations: United Polaris, Polaris, Morning, Newark Liberty International, United Airlines, United, Boeing, Brisbane International Airport, Air New Zealand, Star Alliance, Saks, Sunday, luxe, tote Locations: New Jersey, Brisbane, Australia, Europe, BNE, San Francisco, Newark
Amex Platinum; InsiderIf you have The Platinum Card® from American Express , you can get complimentary Gold elite status with both Hilton and Marriott**. Without the Amex Platinum Card, you'd generally need to spend at least 25 nights in Marriott hotels to earn Gold status in the Bonvoy program, or a whopping 40 nights in Hilton hotels to earn Hilton Honors Gold status. Here's how Marriott and Hilton Gold elite status with the Amex Platinum card works. Marriott Gold Elite Status BenefitsHere's what you can get with Marriott Bonvoy Gold status from your Amex Platinum Card. Hilton Gold status comes with a handful of extremely valuable perks, of which I'm definitely a fan.
Persons: Hilton, We're, Uber, Peacock, Uber Cash, you'll, You'll, I'm, — Hilton Organizations: Marriott Bonvoy, Hilton, American Express, Marriott, Service, American, Express, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, Credit, TSA, Global, Saks Fifth, Reading Chevron, Hilton Gold, Marriott Gold, Hilton Honors American, Hilton Honors, Card, Hilton loyalists Locations: Wall, Silicon, Marriott, Hilton, Hulu
For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.
Persons: Bellamy Richardson, Alex Mill, , Cabeau, Peter Thomas Roth, Huckberry, Ripstop, Macy’s, Michael Kors, you’ve, Samsonite, Spinner —, , LUNA, Pearl Pink, Kate Somerville, grillers, Gray Organizations: Amazon, Amazon Prime, USA, GOLS, Stainless Steel, Macbook, Walmart, Target, Samsung, LG, Sony, LG Smart, Brooklinen, Cabeau, Soho, Rockies, Black, Nike, Nike Air Max, Saks, Saks Fifth, Sale, Sun, Dyson, Lenovo, Thermoworks, Savings, Urban, Big Deal, Urban Outfitters, Party Locations: California, Kalamata, Bone, Zion, Black, Caribbean, Tres, Wayfair, White
The information for the following product(s) has been collected independently by Business Insider: Amex EveryDay® Preferred Credit Card, Amex EveryDay® Credit Card, Chase Freedom®. I used this strategy to downgrade from the Amex EveryDay® Preferred Credit Card with a $95 annual fee to the Amex EveryDay® Credit Card with no annual fee. with a $95 annual fee to the Amex EveryDay® Credit Card with no annual fee. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. AdvertisementFor example, my Amex EveryDay® Credit Card used to be an Amex EveryDay® Preferred Credit Card with a $95 annual fee.
Persons: , Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, We're, you've Organizations: Business, American Express, Service, Chase, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, American, Chase Sapphire Reserve Locations: Hulu
Luxury brands are increasingly having trouble finding and retaining talent for high-touch sales roles. Entry-level associates earn about $35,000 base pay per year, plus about $10,000 commission. On average, luxury retail sales associates earn about $35,000 base pay per year, plus about $10,000 commission, per Glassdoor data. A job at Gucci required three years of luxury fashion experience and the ability to "maintain an active, accurate, neat and organized client book," per BoF. Do you work in luxury retail?
Persons: , salespeople, Sandy Sholl, there's, Teddy Bear, Jessica Cloutier, Nordstrom's, Cloutier, Neiman Marcus, Sukeena Rao, Dominick Organizations: Service, Target, Walmart, MadaLuxe, Business, Gucci, SMCP, Saks Fifth Locations: Costco, Patagonia
Its CEO is leaving the company, most employees have either quit or been laid off, and production of new clothing is on hold, several people told Insider. Several people told Insider last year that Charnas was furious with Scanlan for keeping her in the dark about the company's struggles. Arielle Charnas recently said on Instagram that "a lot of changes had to be made" at Something Navy. (The company's founder told Insider that Package Free finally paid them this week after dodging them for a year.) Scanlan's spokesperson told Insider that a sale of Something Navy was on the horizon.
Persons: Charnas, Matt Scanlan, Scanlan, Bradstreet, Arielle Charnas, Monica Schipper, who's, Matt, he's, Darian DiCianno, Charnas hasn't, they'd, Brandon, he'd, Eugene Gologursky, Silas Chou, Jenny Fleiss, Ivory Ella, They're, Betty Wang, cofounding Naadam, Blue, Thakoon's, Laura Cook, Michael Yeager, Elisa Giorgi, Bailey Miller, Scanlan's Organizations: Navy, Associates, Something Navy, company's, Saks Fifth, Hamptons, Naadam, Los, Nordstrom, United, Blue, & $ Locations: Jersey, Charnas, India, Hong Kong, Los Angeles, New, Newport Beach , California, Its New Jersey, stiffing
PARIS, June 23 (Reuters) - Luxury brands focused on wealthier consumers in the United States are performing better than those who appeal to aspirational shoppers on lower incomes who are deterred by the economic uncertainty, consultancy Bain & company said. For example, premium fashion retailer Hugo Boss last week raised its sales and profit targets for 2025 and said it continued to see strong growth in the U.S. and was expecting revenue to grow in the Asia-Pacific region. Lovato said that while there were "some questions marks" about China, and possibly a slowing of sales growth with the middle class, there was still appetite there. Luxury sales stood at 345 billion euros last year, according to Bain. Reporting by Mimosa Spencer and Elisa Anzolin; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
Persons: Bain, Federica Levato, Hugo Boss, Lovato, Mimosa Spencer, Elisa Anzolin, Alison Williams Organizations: Bain, Reuters, People, Saks Fifth, REUTERS, Thomson Locations: United States, China, New York City, U.S, Asia, Pacific
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