BNET Industries
Last Fiscal Year Sales:$2.3B
- Private
- US
Dow Jones Description
Fashion Specialty Stores
Executive Vice President, HR
Manuel SousaNumber of Employees 16,000
Peer Companies
NAICS Code Department Stores (except Discount Department Stores): 452111
Recent Events
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Saks Fifth Avenue Launches New Third Floor With Charlize Theron and Designer Guests
News & Analysis
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company and saks fifth avenue - All News and Analysis
Saks Incorporated Announces September Comparable Store Sales
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that owned sales totaled $273.2 million for the five weeks ended October 4, 2008 compared to $307.4 million for the five weeks ended October 6, 2007, an 11.1% decrease. Comparable store sales decreased 10.9% for the period. ...
Saks Fifth Avenue OFF 5TH to Open in San Antonio in 2009
Saks continues OFF 5TH growth; seven new stores planned for 2008-2009 NEW YORK -- Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced it will open a new 28,000 square foot Saks Fifth Avenue OFF 5TH ("OFF 5TH") store in San Antonio, Texas in spring 2009. The new...
Saks Incorporated Announces Results for the Second Quarter Ended August 2, 2008
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the second quarter and six months ended August 2, 2008. Overview of Results for the Second Quarter and Six Months Saks recorded a net loss of $31.7 million, or $.23 per share,...
Saks Incorporated Announces May Comparable Store Sales
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that owned sales totaled $227.2 million for the four weeks ended May 31, 2008 compared to $248.9 million for the four weeks ended June 2, 2007, an 8.7% decrease. Comparable store sales decreased 8.7% for the period. ...
Saks Incorporated Announces Results for the First Quarter Ended May 3, 2008
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the first quarter ended May 3, 2008. Overview of First Quarter Results Saks recorded net income of $18.3 million, or $.13 per share, for the first quarter ended May 3, 2008. ...
Saks Incorporated Announces April Comparable Store Sales Increase of 23.9%
-- First quarter comparable store sales increased 8.4% -- NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that owned sales totaled $349.7 million for the four weeks ended May 3, 2008 compared to $281.3 million for the four weeks ended May 5, 2007, a 24.3%...
Saks Incorporated Announces Results for the Fourth Quarter and Fiscal Year Ended February 2, 2008
- Comparable store sales growth of 11.7%, gross margin rate improvement, and expense leverage drive significant improved performance for the fiscal year - - Company also provides outlook for 2008 - NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the...
Saks Incorporated Announces January Comparable Store Sales Increase of 4.1%
Comparable Store Sales Increased 9.0% for the Fiscal Fourth Quarter NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that January 2008 comparable store sales increased 4.1% over the prior year. Fiscal fourth quarter comparable store sales increased 9.0% over the prior year, which was consistent...
Saks Incorporated Announces November Comparable Store Sales Increase of 25.7%
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that owned sales totaled $347.6 million for the four weeks ended December 1, 2007 compared to $275.3 million for the four weeks ended November 25, 2006, a 26.3% increase. Comparable store sales increased 25.7% for the four-week period....
Saks Incorporated Announces Results for the Third Quarter and Nine Months Ended November 3, 2007
Comparable store sales growth of 11.4% and expense leverage drive improved operating performance for the quarter NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the third quarter and nine months ended November 3, 2007. The Company sold its Saks Department...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Manuel Sousa | Executive Vice President, HR |
| Frank Matz | Senior Vice President, Gifts & Food |
| Terron Schaefer | Senior Vice President, Marketing |
| Thomas Matthews | Group Senior Vice President, Asset Protection & Operations |
| William Lynch | Senior Vice President, Brand Filter Implementation |
| Caroline Dougherty | Vice President of Special Events |
| Linn Tanzman | Vice President, Communications & Publicity |
| Michael Macko | Vice President & Director, Men's Fashion |
| Robert Tonk | Vice President, Store Planning & Construction |
| William Herbst | Vice President, Visual Mdsg |
| Cody Kondo | Senior Vice President & General Mdsg Manager, Men's |
| Deborah Walters | General Mdsg Manager, Cosmetics |
| Glenn Schulman | Manager, Operations |
| Jennifer DeWinter | General Mdsg Manager, Accessories & Intimate Apparel |
| Joseph Boitano | Senior Vice President & General Mdse Manager, Women's Ready, to, Wear & Children's |
| Richard Harguindeguy | Manager |
| Rocco Venneri | Manager, Pr |
| Jeanne P. Jackson | |
| Lindsay Sarnoff |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Executive Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Senior Vice President, Gifts & Food | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Senior Vice President, Marketing | Current |
| Saks Incorporated | Senior Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Group Senior Vice President, Asset Protection & Operations | Current |
| Saks Incorporated | Group Senior Vice President, Asset Protection & Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Senior Vice President, Brand Filter Implementation | Current |
Caroline Dougherty is VP of Special Events at Saks Fifth Avenue. Living in Palm Beach, Florida and New York City, Caroline has extensive experience in the field of public relations and has worked for the following companies: Tiffany, Louis Vuitton, Van Cleef and Arpels, Club Monaco.
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Vice President of Special Events | Current |
| Florida Breast Cancer Coalition Research Foundation | Vice President of Special Events at Saks Fifth Avenue | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Vice President, Communications & Publicity | Current |
| Saks Incorporated | Vice President, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Vice President & Director, Men's Fashion | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Vice President, Store Planning & Construction | Current |
| Saks Incorporated | Vice President, Store Planning & Construction | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Vice President, Visual Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Senior Vice President & General Mdsg Manager, Men's | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | General Mdsg Manager, Cosmetics | Current |
Mr. Glenn Schulman, Chairman, is the Assistant General Manager - Operations, for Saks Fifth Avenue, Atlanta. Mr. Schulman has over 28 years of retail management experience. He has served as Community Liaison for and is currently a member of the Board of Directors of his subdivision. He and his wife, Lauri, have lived in the City of Milton with their three children for more than 9 years. All three of their children have been involved with Alpharetta PAL as counselors. Additionally, two have been both tutors as well as enrollees in the summer camp program.
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Manager, Operations | Current |
| Alpharetta Pal | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | General Mdsg Manager, Accessories & Intimate Apparel | Current |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Senior Vice President & General Mdse Manager, Women's Ready, to, Wear & Children's | Current |
Richard Harguindeguy, EMF, Beta Omicron '78 (Northland College) was first elected to the Board of Directors in 2002. He has served the Fraternity as Regional Vice President of the Atlantic Coast Region (1986-1990), Mid-Atlantic District Director (1994-1998), Chapter Counselor for Delta Omicron at Christopher Newport University (1994-1998) and President of the Washington, D.C. Alumni Chapter. He also served the Sigma Tau Gamma Foundation as a Trustee, Secretary and national coordinator for Books for Kids. He was the 1990 recipient of the Winebrenner Medal for Distinguished Fraternity Service and the 2002 recipient of the Millsap Medal for Distinguished Foundation Service. He is a sales consultant at Saks Fifth Avenue. Contact: Rharguindeguy@msn.com Rharguindeguy@msn.com
| Organization | Position | Status |
|---|---|---|
| Sigma Tau Gamma Fraternity, Inc | President-Elect | Current |
| Saks Fifth Avenue | Manager | Current |
| Sigma Tau Gamma Fraternity, Inc | Director | Current |
| Christopher Newport University | Regional Vice President | Former |
| Christopher Newport University | Mid, Atlantic District Director | Former |
| Kids Ltd. | Coordinator | Former |
| Christopher Newport University | Chapter Counselor | Former |
| Kids Ltd. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Saks Fifth Avenue | Manager, Pr | Current |
| Organization | Position | Status |
|---|---|---|
| Victoriassecret.Com | Current | |
| Saks Fifth Avenue | Current | |
| Considered Design | Board of Directors | Current |
| Williams-Sonoma, Inc. | Board of Directors | Current |
| Harrah's Entertainment, Inc. | Board of Directors | Current |
| Nike, Inc. | Board of Directors | Current |
| McDonald's Corporation | Board of Directors | Current |
| Banana Republic | CEO | Former |
| Wal-Mart Stores, Inc. | Chief Executive Officer, Walmart.com | Former |
| Gap Inc. | Chief Executive Officer | Former |
| Banana Republic | President | Former |
| Nordstrom, Inc. | Board of Directors | Current |
After receiving a Bachelor of Science degree in Retail and Consumer Studies from the University of Arizona, Lindsay applied to the International Manufacturing & Product Development Professional Designation Program at FIDM's Los Angeles campus to further her interest in Product Development and Design. "After talking to my mom and doing a little analyzing of the different majors, I felt like it would be the perfect opportunity for me," she explains. "I liked the international part of it and the opportunity to travel and get to know the industry." While at FIDM, Lindsay was hired for a paid internship with Guess?, working in Product Development for the Accessories Department. She later worked in the Buying Department and upon graduating in 2001, she took a position with Charles David, the famed footwear company, to work in Product Development. After working at the Los Angeles shoe company for a year and a half, Lindsay was ready for a change and headed to the East Coast to pursue her love of this field in the fashion industry. Today, Lindsay works for the New York-based, five year-old contemporary women's label Tibi, which is sold in over 200 specialty stores and at Saks Fifth Avenue, Bloomingdale's and Neiman Marcus. The colorful, feminine designs have been featured everywhere from Elle and Teen Vogue to US Weekly and InStyle. Working in Product Development, Lindsay's day-to-day responsibilities include looking at sketches and samples and translating them to production. She also orders all of the fabrics and trims and deals directly with the factories overseas.
| Organization | Position | Status |
|---|---|---|
| Tibi | Current | |
| Saks Fifth Avenue | Current | |
| Fidm | Current | |
| The University of Arizona | Bachelor of Science Degree In Retail and Consumer Studies | Former |
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