For Saks Revival, More Fancy Designers and More Cheap Outlets

The Saks Fifth Avenue flagship store in New York Photograph by Richard Drew/AP Photo

For a department-store brand in search of its sartorial swagger, Saks appears to fit Hudson’s Bay quite nicely. In its first quarter since being snapped up by the Canadian retail conglomerate for $2.4 billion, Saks posted a 3.3 percent increase in sales at stores open at least 13 months.

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