Alyssa Mayer Retail Management – Written Report 2 November 2011 Saks Fifth Avenue – Merchandising Saks Fifth Avenue is a lead retail organization offering a wide assortment of luxury fashion apparel‚ accessories‚ shoes‚ jewelry‚ and cosmetics. Their main target market is the upscale customer that is willing to pay for main designer brands and products such as Louis Vuitton‚ Ralph Lauren‚ and many others. Currently‚ Saks has 46 stores through 22 states that are usually free standing in distinct
Premium LVMH Profit Luxury good
Saks Fifth Avenue Saks Fifth Avenue is a department store chain that specializes in upscale merchandise that usually caters to higher income individuals‚ mostly well-to-do women between the ages of 35 and 55‚ while at the same time‚ still being able to offer high-end merchandise at better prices then smaller boutique type stores. Which is the very first reason why I chose this company because it allows a college student like I enjoy luxury merchandise at a reasonable price and it also has
Premium Department store Retailing Macy's
Saks‚ Neiman Marcus‚ Nordstrom Introduction The retail industry is very large and full of many different strategic groups. There is a strategic group that focuses on the finer tastes in life and caters to a more upper-class market. Three dominant members of this group are Saks Incorporated‚ the Neiman Marcus Group‚ and Nordstrom. Through e-commerce strategies we will be able to see the similarities and differences in these firms core competencies and business strategies. Background Since 1998
Premium Neiman Marcus
Running head: CASE STUDY 3.3: SAKS FIFTH AVENUE Case Study 3.3: Saks Fifth Avenue Liberty University 13 September‚ 2009 Abstract The Saks Fifth Avenue case study concentrates on the human aspects of internal controls. Of note are Saks’ zero-tolerance policy of employee theft‚ anti-harassment policy and complaint procedure. Also‚ the case study highlights control activities in a major retail store. Finally‚ it questions what an auditor’s role is concerning employee’s work environment.
Premium Internal control Audit Auditing
Store M By Shenghao Li & Civia Reinman Store: M M is owned by the famously well-connected and well-married Miller sisters‚ daughters of American duty-free billionaire Robert W. Miller and his wife Maria Clara. Pia married oil heir Christopher Getty‚ Alexandra wed Prince Alexandre von Furstenberg‚ the only son of fashion designer Diane‚ and Marie-Chantal is married to Crown Prince Pavlos of Greece. Always on the best-dressed lists‚ the socialite sisters are the
Premium Neiman Marcus Customer service Sales
Silvia Tcherassi‚ Oscar de la Renta‚ Carolina Herrera and retail presentation of Cruise fashion will be presented by Neiman Marcus and Saks Fifth Avenue. Fashions from both the designers and the retailers are presented in a fast-paced‚ live runway show. The 15 Th anual “Style in the City” fashion show will take place at Viscaya Museum 3251 South Miami Avenue Miami‚ FL 33129 on Friday December 16‚ 2011. The red carpet begins at 7:00 pm ‚ followed by dinner cater by Barton G‚ and the fashion presentation
Premium Neiman Marcus St. Jude Children's Research Hospital Oscar de la Renta
Founded in 1851 by John Kiehl‚ Kiehl’s began as a homeopathic pharmacy located at 3rd Avenue and 13th Street in the East Village of New York City. In 1921‚ Irving Morse‚ a former apprentice andRussian Jewish émigré who had studied pharmacology at Columbia University‚ purchased the store. Morse was involved in the development of many Kiehl’s products that are still popular today‚ including Blue Astringent Herbal Lotion and Creme de Corps.[1][2] Irving’s son‚ Aaron Morse‚ who also studied pharmacology
Premium Neiman Marcus
”Winter on 5th avenue” The photography is shot by Alfred Stieglitz in New York on 5th avenue‚ 1893 Objective Analysis In the picture we see 5th avenue‚ covered in a vicious snowstorm. There are two carriages on the road‚ a few people on the sidewalk and in the background we see some buildings. The road is all covered in brown and filthy now‚ yet to get even more filthy as the carriages are about to pass through. The sky is completely grey and almost looks like a giant cover of darkness‚
Premium New York City Light Sun
Selling Pencils On Fifth Avenue Claire Piekarski The average American will walk down a street‚ head tucked down‚ eyes straight ahead‚ feet moving quickly‚ without giving their surroundings a second glance. A few may stop to tie a shoe or buy a paper. And an even fewer number will notice those who walk beside them whether they be white‚ black‚ crippled‚ or of good-health. Not to say this can be applied to all Americans‚ there are some that are very generous and try to do good in their community
Premium World Form of the Good
revenue) and 1.7% (compared to their gross profit). This may seem little‚ but when a company revenues such a large amount‚ a small percentage net income is a very large amount‚ as exemplified. Comparing it with their largest competition - Off Fifth Saks Avenue (Saks) - Neiman Marcus earns 5 times their competition’s income. The profit figure is very adequate. Neiman Marcus’ income statement shows their fiscal period ends in July. The total revenue was $3.5 billion but their cost of revenue was $2.3 billion
Premium Generally Accepted Accounting Principles Balance sheet Liability