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Digital Mojo Sparks IPO Chatter Around Saks.com

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

Just how successful was Saks’ online operation during the Covid pandemic? Apparently successful enough The Hudson’s Bay Co. is seriously considering spinning off the dot-com side of  Saks Fifth Avenue through an initial public offering. Saks CEO Mark Metrick has said that “luxury retail was primed for disruption” going into the coronavirus crisis, referring to…

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