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Commerce

Saks Fifth Avenue’s flagship valued at $3.7B for mortgage deal

November 24, 2014

Saks flagship store in New York Saks flagship store in New York

 

By Staff reports

Department store chain Saks Fifth Avenue’s parent Hudson’s Bay Company has announced a 20-year mortgage for the retailer’s New York flagship.

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  1. Nordic nations setting luxury trends of tomorrow
  2. Karl Lagerfeld reveals next chapter of ‘From Paris with Love’
  3. Chanel makes ambassadorship with model Bhavitha Mandava official
  4. Rosewood Hotels introduces gender-neutral parental leave
  5. ‘Art of the Desk’ centers new content from Montblanc
  6. Missoni family strikes private equity deal, sells remaining stake in business
  7. Berluti lights up Shadow sneaker
  8. Air France stitches product story into fashion-forward campaign visuals
  9. Mercedes-Benz celebrates International Women’s Day
  10. Prada Group logs 20 consecutive quarters of growth in 2025
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