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Saks helped drive HBC's sales prior to Mckee's departure

In the surprising depature of Marigay Mckee from Saks Fifth Avenue, there is no question that the lady seems to have left her mark. Hudson's Bay Company (HBC) posted a much better-than-expected Q4 with profits tripling. Whatever Mckee's secret formula was the proof is in the pudding, because Saks seems to have returned to its former glory as one...

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Marigay McKee exits Saks

Marigay McKee, former Harrods director, has left her position as president of Saks Fifth Avenue after just 15 months, and Marc Metrick, an executive with Saks’ parent Hudson’s Bay Co, has been named as her successor. Richard Baker, executive chairman of Hudson’s Bay Co has stating that “the fit wasn’t perfect” between McKee and Saks, according...

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