(Bloomberg) -- Saks Global Enterprises said hundreds of brands, including Burberry and those owned by luxury powerhouses LVMH and Kering, have either resumed or continued shipping to the troubled retailer as it tries to emerge from bankruptcy.The company, which includes Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman stores, is set to receive around $1.2 billion in merchandise over the next few months, Chief Executive Officer Geoffroy van Raemdonck said in an interview with Bloomberg News. Those goods ...

In an earnings lineup that includes Q4 results from Nvidia (NVDA) , Dillard’s (DDS)  will also be a stock to watch this week.Dillard's unique business model, in which it owns most of its retail department stores rather than leasing them, has placed the company in a league of its own as it relates to profitability.Instead of chasing rapid reinvention, Dillard’s has doubled down on fundamentals — tight inventory control, disciplined operations, and a strong regional footprint — allowing it to thrive while pee ...

Core Insights - Lulus is expanding into all Nordstrom stores nationwide, marking a significant milestone in its wholesale growth and reflecting strong in-store performance and retailer confidence [1][2] - The expansion aligns with Lulus' 30th anniversary and aims to enhance brand equity and customer connection [2] Expansion and Performance - Lulus' wholesale business experienced a remarkable growth of 143% year-over-year from 2024 to 2025, with expectations to exceed 100% growth in 2026 [3] - Approximately 55% of Nordstrom's sales come from physical locations, indicating strong demand for Lulus products in brick-and-mortar environments [2] Strategic Direction - The company emphasizes that its wholesale strategy is an evolution rather than a shift from its direct-to-consumer foundation, aiming to expand brand awareness and reach new customers [4] - Lulus plans to introduce daytime dresses in Nordstrom's Dress Department in April 2026, alongside its special occasion styles [2] Brand Positioning - Lulus aims to make women feel beautiful and confident for various occasions, reinforcing its commitment to customer experience and personalized service [6][4] - The brand's success is attributed to its deep connection with customers and strong performance across multiple sales channels [4]

Company Overview - Saks Global, the luxury retailer behind brands like Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, has filed for Chapter 11 bankruptcy due to difficulties in paying debts amid financial challenges [4] - The company has secured $1.75 billion in committed capital to support its restructuring efforts [4] Market Context - The luxury retail market experienced a surge post-pandemic, but inflation and rising interest rates have restricted the customer base to ultra-wealthy consumers [4] - Major fashion houses are increasingly bypassing traditional retailers by establishing their own boutiques and online platforms, which has intensified competition for Saks Global [4] Strategic Moves - Hudson's Bay, the Canadian owner of Saks, made a significant move by acquiring Neiman Marcus for $2.7 billion to consolidate the luxury market under Saks Global [5] - The integration of Neiman Marcus into Saks Global faced challenges, including funding issues and limited growth potential due to customer overlap [5] Competitive Landscape - Bloomingdale's, owned by Macy's, reported its best sales growth in three years by maintaining a strong balance sheet and pivoting to smaller stores with curated inventory [5] - Nordstrom has successfully maintained supplier relationships and improved cash flow through its off-price division, Nordstrom Rack, while also going private to focus on long-term strategies [5] Creditors and Stakeholders - Key creditors of Saks Global include luxury brands Kering and LVMH, while equity shareholders include Amazon, Salesforce, and G-III Apparel [6]

Core Insights - Vince Holdings is closely monitoring the financial situation of Saks Global, which constitutes 7% of its business, following speculation of bankruptcy due to missed debt payments [1][3]. Group 1: Financial Performance - Vince reported a 5.3% increase in holiday sales, primarily driven by nearly 10% growth in direct-to-consumer (DTC) sales, while wholesale sales declined by 2.7% during the nine-week period ending January 3 [2]. Group 2: Saks Global's Challenges - Saks Global has been struggling to pay vendors since its acquisition of Neiman Marcus, leading to deteriorating relationships and difficulties in obtaining inventory [3]. - S&P Global Ratings downgraded Saks Global to "selective default" due to missed interest payments, with analysts doubting the company's ability to make payments within the 30-day grace period [3]. - The company has recently replaced its CEO, Marc Metrick, with Executive Chairman Richard Baker, who may need to step down as part of bankruptcy funding requirements [4]. - Saks Global has already lost market share and executives to competitors like Nordstrom and Bloomingdale's in the lead-up to a potential bankruptcy [4].

The holiday shopping season is in full swing tonight and we've already seen records being broken for online shopping this year. But as Valerie Castro reports, holiday cataloges that we get in the mail could be making a comeback as well. >> Making a list and checking it twice while looking through a catalog to see what you'd like.>> So, what do you want for Christmas. >> This one. This one. And this one. This one.This one. Check your mailbox and you'll probably find one. With retailers like Nordstrom, Amazon ...

Americans have tightened their spending in almost every sector of the economy. From low-ticket items like fast-food meals and shoes to more expensive purchases such as travel and cars, economic pressures have made many consumers more choosy about where and how they spend their money. "Almost half of Americans have been trying to cut back on spending, and many of them [have] seen some kind of financial worry in the past 12 months," Statista Data Journalist Valentine Fourreau wrote on the Statista blog. S ...

Core Viewpoint - Goldman Sachs has raised its price target for Macy's Inc. to $22, indicating a more optimistic outlook despite a potential downside of about -4.20% from the current trading price [1][2][6] Group 1: Stock Performance - Macy's stock is currently priced at $22.91, with a daily increase of approximately 2.62%, or $0.59 [4] - The stock has experienced a low of $22.50 and a high of $22.97 today, showing significant volatility [4] - Over the past year, Macy's stock has fluctuated between a high of $23.27 and a low of $9.76 [4] Group 2: Market Capitalization and Trading Activity - Macy's has a market capitalization of around $6.07 billion [5][6] - The trading volume today is 2,280,413 shares, indicating strong investor interest [5][6] Group 3: Investor Sentiment - Macy's is attracting attention from momentum investors, highlighted by its Momentum Style Score of A from Zacks Investment Research [3][6] - The raised price target reflects a positive shift in expectations for the company's stock, despite the current price being slightly above the new target [2][6]

Core Viewpoint - Macy's, Inc. is experiencing a significant increase in its consensus price target, reflecting growing optimism about its future prospects, driven by strategic initiatives and upcoming earnings expectations [2][4][6] Group 1: Price Target and Analyst Sentiment - The consensus price target for Macy's has risen to $22, up from $18.83 in the previous quarter and $14.5 a year ago, indicating a positive outlook among analysts [2][6] - Deutsche Bank analyst Gabriella Carbone has set a more ambitious price target of $32 for Macy's stock, highlighting strong confidence in the company's performance [2] Group 2: Strategic Initiatives - Macy's is enhancing its omni-channel retail strategy and expanding its digital presence, which are crucial for improving e-commerce capabilities and supply chain efficiency [3][6] - The company's focus on improving product offerings and customer experience is expected to drive growth and investment opportunities [5][6] Group 3: Earnings Expectations - Anticipation of Macy's Q3 earnings release on December 3 is influencing analyst sentiment, with expectations that the company will surpass earnings estimates [4][6] - The stock is currently showing a bullish Cakra breakout, indicating positive momentum in the market [4]

Core Viewpoint - Macy's, Inc. is expected to report a significant loss in its upcoming quarterly earnings, reflecting ongoing challenges in the competitive retail market [2][5]. Financial Performance - Analysts predict a loss of $0.14 per share for the quarter ending October 2025, representing a 450% decline compared to the same period last year [2][5]. - Revenue for the quarter is anticipated to be approximately $4.53 billion, which indicates a 3.3% decrease from the previous year [3][5]. Market Valuation - The company's price-to-sales ratio is 0.26, suggesting a relatively low market valuation in relation to its sales [3]. - Macy's enterprise value to sales ratio stands at approximately 0.47, reflecting the company's total valuation in relation to its revenue [4]. - The enterprise value to operating cash flow ratio is 7.63, indicating a moderate valuation based on cash flow generation [4]. Financial Stability - Macy's debt-to-equity ratio is 1.23, indicating a higher level of debt compared to equity [4]. - The current ratio of 1.38 suggests that Macy's maintains a good level of liquidity to cover its short-term liabilities [4].