Apparel Retailer

Saks-Owner To Go Private

Hudson's Bay Company, which owns Saks Fifth Avenue, said its board of directors has accepted a revised offer from a group of majority shareholders led by executive chairman Richard Baker, bringing the retailer a step closer to going private. (Read More)

Adidas’ Eric Liedtke To Exit At Year End

Adidas’ Eric Liedtke To Exit At Year End

Adidas AG announced that Eric Liedtke, a 25-year Adidas veteran responsible for global brands, plans to exit the company at the close of the year. Liedtke was credited with guiding successful collaborations with global influencers such as Kanye West, Pharrell Williams and Beyoncé. Brian Grevy, CEO of Gant, will return as executive board member, responsible for global brands at the start of next year. (Read More)


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