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Saks

[$$] Carlos Slim Fills Sack with More Saks (at Barron's Online)

Tables: Buyers | Sellers SAKS (ticker: SKS) MAY NOT BE KNOWN for bargain-basement prices, but as the luxury retailer's stock continues to fall to fresh lows, one of the world's richest men has continued to pick up the...

Financial crisis scuffs well-heeled shoppers

BEIJING, Oct. 10 -- All my investments are down," said Coyne, who has been a Saks Inc sales associate for 31 years. Luxury shoppers such as the Saks faithful make up only a small, elite portion of the U.S. economy, but tend to...

Could this be the end of bling?

Francesco Trapani, chief executive of Bulgari Group, is cutting back on the fixed costs of his jet-setting lifestyle. The jewelry, luxury-goods and hotel magnate recently sold his 137-foot yacht, the “Christianne B,” and he's...

Stock Market Drop Alarms Some Consumers

It was another sharp drop on the market, down to a level we haven't seen on a regular basis in more than a decade. All this week, financial analysts have been saying the bottom is coming -- and the market will start to recover....

US clothing retailers are cut down a size

US clothing retailers have been hit by the credit crisis and wider economic slowdown with September sales down sharply at chains including Abercrombie & Fitch and Gap. Gap is among the retailers reporting disappointing sales...

LVMH keeps outlook as 9 month sales rise 4.5 percent

PARIS (Reuters) - LVMH (LVMH.PA: ), the world's biggest luxury goods group, reported a 4.5 percent rise in nine month sales on Thursday and maintained its full-year outlook. The Paris-based group reported revenues of 11.959...

Clothing chains falter as shoppers clamp down

NEW YORK (Reuters) - Clothing retailers reported dismal same-store sales results for September as the global financial crisis further squeezed consumers who were already cutting back because of the weak economy.

Carlos Slim Buys Another Big Chunk of Saks (SKS); Now Holds 17M Shares

More News related to Insider Trades In a Form 4 on Saks (NYSE: SKS), billionaire investor and formerly the richest man in the world, Carlos Slim, disclosed that on 10/7 he purchased 690,000 shares at prices ranging from $6.99...

Teen retailer bucks September doldrums

Aeropostale reported a 5% increase in same-store sales for September, even as most other retailers announced big declines for the month. Aeropostale offered a bright spot in an otherwise bleak retail picture Thursday, reporting...

Casie Coleman shopping spree gets three

Casie Coleman was working the stalls at the Lexington Selected Sale last week like some folks attack the sales rack at Saks Fifth Avenue. When she completed her shopping expedition, she had landed three pacing yearlings by New...