The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — In a surprising turn of events, Marigay McKee has mutually agreed with Saks Fifth Avenue to step down as president only 15 months after taking the helm at the venerable luxury retailer, and Mark Metrick was named as her successor.
Metrick had served as the chief strategy officer at Saks before joining Hudson's Bay Co., where he most recently served as executive vice president and chief administrative officer.
Saks agreed in 2013 to be sold to Hudson's Bay, the Canadian parent of retailer Lord & Taylor, for about $2.24 billion. Metrick, 41, will continue to report to Hudson's Bay CEO Gerald Storch.
By: Associated Press, with additional reporting from BoF.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.