FASHION Magazine
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Top 10 Fashion Influencers of 2013: We count down the biggest and best moments
Capping off a year in style always seems so, for lack of a better word, crazy. With just about a meme a minute and the web’s proclivity for hyperbole (we’re guilty), there seem to have been so many “best moments ever.” Many of those moments involved the 10 influencers on this list, which helps. But many of them, like this, this and this will just live in our mind for
all eternityuntil we fixate on something else. Meanwhile, here’s who we think was at the top of their game in 2013.
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Saks Fifth Avenue announces Bloor Street location: Details of the latest Canadian retail entry
Blame it on cross border Thanksgiving sluggishness, but two days have passed since a pretty major Canadian retail announcement and the buzz seems yet to hit. Saks Fifth Avenue is not only confirmed as coming to Canada, but its first location has been revealed as the current Hudson’s Bay megastore on Bloor Street in Toronto. Amidst an influx of US retail entry to Canada including Target and Nordstrom, Saks is just the latest giant to tango with the existing landscape, one that has recently seen Sears tumble and cause Holt Renfrew to ramp up store expansions by 40%. The news also comes as a natural follow to the Hudson’s Bay Co. purchase of Saks for $2.4 billion earlier this year.
According to a Globe and Mail profile published on Wednesday, the shakeup is due to Richard Baker, the 48-year old majority owner of HBC, whose private equity firm NRDC (National Realty & Development Corp) also owns US chain Lord & Taylor. The magnate was the brain behind the Zellers location selloff to Target in 2011, just one of the company’s brainiac moves which also include launching in-store partnerships with Topshop and Kleinfeld Bridal.