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a.k.a. Brands quarterly losses widen despite uptick in FY25 sales

a.k.a. Brands Holding Corp. has reported revenue growth for both the fourth quarter and full fiscal year 2025, supported by continued momentum in the US and expansion of its physical retail footprint. For the quarter ended December 31, 2025, the company recorded net sales of 164 million dollars, representing an increase of 3.1 percent compared...

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Richard Baker: The man who couldn't save Saks and Hudson's Bay

In the turmoil surrounding iconic North American department stores, one name has repeatedly surfaced in recent months: Richard Baker. Under the leadership of the current Galeria investor, the Canadian department store chain Hudson’s Bay was forced to close after more than 355 years, and the luxury department store group Saks Global filed for...

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