More From Evan Clark
Abercrombie CEO Fran Horowitz’ Pay Slips to $13.3M for 2025
Most of the compensation package came from $10.5 million in stock options.
California AG Accuses Amazon of Price Fixing With Levi’s and Hanes
The attorney general, Rob Bonta, said the e-commerce giant pressured its vendors to have competitors like…
QVC Group Looks to Race Through Bankruptcy
The home shopping network said it has a restructuring support plan that will allow it to pay its vendors in…
Richard Baker Moves to Quash Subpoena From Saks Global Creditors
The former CEO argued in a court filing that the retailer is better placed to provide most of the information…
Tory Burch Refinances to Buy Out Longtime Backer General Atlantic
The private equity company bought into the designer brand in 2012.
Walmart’s AI Chief Earned More Than Its CEO in 2025 With a $44.1M Payday
Daniel Danker, who joined the retailer from Instacart, outearned outgoing CEO Doug McMillon last year.
HBC Committee Join Creditors in Seeking Info From Former Saks Global CEO Richard Baker
A committee of HBC GP's board said that, like creditors, it has also been unable to get the full cooperation…
Saks Global Creditors Demand Former CEO Richard Baker Turn Over Documents
The Rule 2004 filing by the creditors committee has a long list of information required, including…
Fashion Stocks Zoom on Ceasefire in Iran
European luxury players were among the biggest gainers on Wednesday.
Levi Strauss Scores With Q1 Earnings
Longtime chief financial officer Harmit Singh will step down once a successor is found.
Quantifying Fashion’s AI Bid to Do More With Less
Research by UBS analyst Jay Sole found that fashion is becoming more efficient, with sales per employee on…
Saks Global Lays Out Initial Reorganization Plan, Axes Corporate Jet
The company is laying the groundwork to negotiate a step-by-step plan to wrap up the bankruptcy process.
Ava Eisendrath Introduces Ironwire Ready-to-wear on Lower East Side
The recent grad is hitting Manhattan with her funky line and a new pop-up.
Saks Global Secures $500M in Financing, Expects to Exit Bankruptcy This Summer
The luxury retailer is progressing through its court-supervised restructuring and positioning to reemerge…
EXCLUSIVE: Dupe Fragrance Firm Dossier Gets New Investment From American Pacific Group
The private equity company is coming in with plans to accelerate growth.