Saks Off 5th Vacating 57th Street

Saks Off 5th, the off-price division of Saks Global, is vacating its 57th Street location in Manhattan, WWD has learned. Sources said the building housing Saks Off Fifth, located in…

Venice’s Hotel Gabrielli Is Restored Just In Time for Venice Film Festival

RESTORED GLORY: More than 700 Murano glass chandeliers and wall sconces are alight once again inside the luxurious halls of Venice’s Hotel Gabrielli. On Monday, just as the lagoon began…

Midtown South Rezoning Is Greenlighted With Housing and Fashion in Mind

New York City Council’s Subcommittee on Zoning and Franchises and Committee on Land Use voted to approve the Midtown South Mixed-use rezoning plan that greenlights 9,500-plus new homes, including more…

Tanger’s Stock Price Spikes Following Healthy Q2 Report

Tanger — boosted by early back-to-school marketing, tax-free days and the consumer response to tariff-related pricing and product availability concerns — posted second-quarter gains across a spectrum of metrics. Net income…

Giorgio Armani to Debut Branded Beach Villas in Ras Al Khaimah, U.A.E.

ARMANI ON THE BEACH: The Giorgio Armani Group is deepening its lifestyle dimension with a new real estate project. The fashion company said Thursday it has partnered with RAK properties and…

Richard Tyler Is Selling LA Villa and Mulls Fashion Comeback

After 27 years of living in South Pasadena, Calif., Richard Tyler and his wife Lisa Trafficante are selling their Italian Renaissance home to spend more time on the road and…

RH Mitigates Tariff Impact, Sees Growth Despite Economic Challenges

MILAN — RH shares are still recovering from the “Liberation Day” duties announced by President Donald Trump on April 2. Since then, the firm has shifted sourcing out of China…

Hudson’s Bay Signs Lease Deal With Chinese Billionaire

Hudson’s Bay has entered into a definitive agreement to sell up to 28 leases in Ontario, Alberta and British Columbia to Ruby Liu Commercial Investment Corp., a company operating shopping…

‘Blooms’ Installation on Fifth Avenue To Debut New Rose Variety

Flower Power — Horticulture lovers should not miss Fifth Avenue’s next “Blooms” floral installation, which will unveil a rose never before seen in public. The “Fifth Avenue Rose” produces rich…

Tanger Posts Solid Q1 Amid Increasingly Diversified Tenant Mix

Tanger, lifted by its diversifying tenant mix, property portfolio and shopper demographics, reported another quarter of solid results, posting gains across most metrics. Net income was down — 17 cents…