logo
Saks Global President & Chief Commercial Officer Emily Essner to Speak at WWD Beauty CEO Summit

Saks Global President & Chief Commercial Officer Emily Essner to Speak at WWD Beauty CEO Summit

Business Wire06-05-2025

NEW YORK--(BUSINESS WIRE)-- Saks Global President & Chief Commercial Officer Emily Essner is speaking in a fireside chat at the WWD Beauty CEO Summit. The conversation will focus on, 'Saks Global's Strategy: Beauty's Role in the New Luxury Reset,' with Essner sharing her vision for Saks Global and introducing the luxury beauty strategy for Saks Fifth Avenue and Neiman Marcus.
The fireside chat will take place on Thursday, May 8 from 9:20-9:45 a.m. ET at Cipriani South Street in New York.
Drawing on her deep experience in luxury retail, Essner will offer insight into Saks Global's strategy to reinvent the luxury shopping experience so that each customer's experience is unmistakably their own. As the largest multi-brand luxury retailer in the world, Saks Global is committed to connecting brands to the full continuum of luxury consumers.
Saks Global's luxury retail brands are the ultimate destinations for luxury beauty, representing a meaningful percentage of this market. With an expertly curated assortment of exceptional brands, the luxury retailer is shaping the future of this category and reclaiming luxury beauty. Through this fireside chat, Essner will expand on this approach—sharing strategic insights, compelling proof points and an inspiring vision for what's next.
About Saks Global
Saks Global is a combination of world-class luxury retailers, including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH, as well as a portfolio of prime U.S. real estate holdings and investments. Saks Global is deeply committed to helping luxury consumers discover the most sought-after established and emerging brands from around the world. Powered by data-driven technology and centered on the customer, Saks Global is on a mission to redefine the luxury shopping experience through highly personalized service, with greater opportunities for product discovery across all channels.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

When is Apple's WWDC 2025 event? Start time, rumors, more
When is Apple's WWDC 2025 event? Start time, rumors, more

USA Today

time6 hours ago

  • USA Today

When is Apple's WWDC 2025 event? Start time, rumors, more

When is Apple's WWDC 2025 event? Start time, rumors, more Show Caption Hide Caption How to use AI rewriting tools Artificial Intelligence can instantly proofread your writing and make suggestions to tweak the tone of a message, paper or presentation. Problem Solved Apple's Worldwide Developers Conference is less than a day away, though it appears that the event will see a restrained rollout compared to the AI extravaganza held a year ago. The week-long event will kick off with a keynote address on Monday, June 9, and run through Friday, June 13. There will be more than 100 technical sessions for developers, as well as group and one-on-one lab sessions, Apple announced in a news release. USA TODAY will provide live coverage of Monday's keynote, along with the latest updates on the company reveals. Here's what you need to know before Apple's Worldwide Developers Conference 2025. How to watch WWDC 2025 The keynote for WWDC 2025 takes place at Apple Park in Cupertino, California, on June 9 at 1 p.m. ET/10 a.m. PT and be followed by a "Platforms State of the Union." The keynote is set to be streamed on Apple TV, the Apple YouTube page and at USA TODAY will also provide live coverage. What might be revealed at WWDC 2025? Bloomberg's Mark Gurman reported that Apple is preparing a modest rollout of artificial intelligence features, targeting WWDC 2026 to make a larger splash. Gurman wrote in the Power On newsletter that the most significant AI announcement this year will be the opening of Apple's Foundation Models to third-party developers. He noted that the move is being made in hope of spurring the creation of new AI features and apps to help Apple catch up in the artificial intelligence market. Gurman also reported that Apple appears set to add a centralized gaming app in the next iOS update. He indicates the app will be preinstalled with the update and will be a place for users to launch games, find new titles, view leaderboards and communicate with other players. "The new app will serve as a Game Center replacement, and is more ambitious," Gurman wrote. "But it's unlikely to shake up the industry." iOS naming system to change with update: Reports Apple appears set to change the naming system for iOS on Monday, according to Gurman. The company will move from numbering operating system updates sequentially to numbering them by year in a manner similar to the way car models are identified. Under the new system, the Monday update will be iOS 26 instead of iOS 19. Gurman also reported that the Mac operating system will be named Tahoe after the Californian forest.

NASCAR Teases Imminent Major Announcement Ahead Of Michigan Cup Race
NASCAR Teases Imminent Major Announcement Ahead Of Michigan Cup Race

Newsweek

time14 hours ago

  • Newsweek

NASCAR Teases Imminent Major Announcement Ahead Of Michigan Cup Race

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. NASCAR has confirmed that a major partner announcement will be made today at the Michigan International Speedway at 1 p.m. ET. The announcement comes during the NASCAR Truck and Cup Series race weekend in Michigan and will be made ahead of the Cup Series FireKeepers Casino 400, which begins at 2 p.m. ET. It stated in a media alert that, "A major NASCAR partner announcement will be made on the pre-race stage at Michigan International Speedway for fans and media in attendance." #NASCAR will announce a new major partner on the pre-race stage tomorrow at 1 PM ET before the FireKeepers Casino 400 at Michigan. Hmm... What could it be? 😂 — Toby Christie (@Toby_Christie) June 7, 2025 Although it has not been confirmed what the announcement will be, many expect it to be to confirm the return of Dodge RAM as a manufacturer to the Craftsman Truck Series. Stewart Friesen, driver of the #52 Halmar International Toyota, celebrates with a burnout after winning the NASCAR Craftsman Truck Series DQS Solutions & Staffing 250 Powered by Precision Vehicle Logistics at Michigan International Speedway on... Stewart Friesen, driver of the #52 Halmar International Toyota, celebrates with a burnout after winning the NASCAR Craftsman Truck Series DQS Solutions & Staffing 250 Powered by Precision Vehicle Logistics at Michigan International Speedway on June 07, 2025 in Brooklyn, Michigan. MoreIf the iconic American car brand returns to the sport, it will be the first time a RAM has raced in the Truck Series since 2016. Commissioner of NASCAR Steve Phelps previously explained to Sports Business Journal: "We are having robust discussions with a number of [original equipment] partners that someday, if I had to guess and were a betting man, something is going to hit. "I just don't know with whom or the timing of that. I know that's an answer I've given repeatedly over the last five years, but they're facts. There's no BS in the comment I just made." If this is true, Dodge RAM would join Toyota, Chevrolet, and Ford as the fourth OEM in the racing series. On top of the rumors of Dodge returning to the Truck Series, there is also speculation that YouTuber turned racer Cleetus McFarland (Garrett Mitchell) could be racing with the team. NASCAR Cup Series FireKeepers Casino 400: Starting Grid

Is Energy Transfer the All-American Dividend Stock for You? Consider This High-Yielder Instead.
Is Energy Transfer the All-American Dividend Stock for You? Consider This High-Yielder Instead.

Yahoo

timea day ago

  • Yahoo

Is Energy Transfer the All-American Dividend Stock for You? Consider This High-Yielder Instead.

Energy Transfer has a lofty 7.4% yield backed by an inherently domestic business. The midstream giant has made some decisions that should leave conservative investors with trust issues. Enterprise Products Partners' 6.9% yield will likely be a better fit for most investors. 10 stocks we like better than Energy Transfer › Dividend investors are always trying to maximize yield, but that requires extra consideration on the risk front. A high yield that isn't backed by a reliable company could leave you in the lurch and, likely, at the worst possible time. This is why investors looking at Energy Transfer (NYSE: ET) and its lofty 7.5% distribution yield will probably be better off taking a little less yield and choosing Enterprise Products Partners (NYSE: EPD) instead. Here's why. Energy Transfer and Enterprise are two of the largest midstream companies in North America. They both hail from the United States and generate most of their business from the country. The truth is, owning energy infrastructure assets like pipelines essentially forces these two businesses to be American at heart. After all, you can't move oil around the United States on a pipeline that gets built in Europe. That pipeline has to get built on U.S. soil. The midstream is actually the most boring segment of the overall energy sector. That's because businesses like Energy Transfer and Enterprise charge fees for the use of their assets. Although the oil, natural gas, and other products that flow through the system may have volatile prices, midstream companies don't really care about the price of what they move. They just care about the volume of product they move. The higher the volume, the higher the toll-like revenues they generate. Given the importance of energy to the global economy, demand for oil and natural gas tends to remain fairly robust even when commodity prices are weak. Even recessions don't materially diminish demand, since the world would, literally, stop in its tracks without oil and natural gas. From this perspective, Energy Transfer and Enterprise Products Partners are on equal footing. Here's the thing: Energy Transfer doesn't have the same history of treating its investors well as Enterprise does. That difference is why conservative income investors should be happy to trade down to Enterprise's 6.9% yield. The first big issue happened in 2016, during a time when oil prices were weak. At that point, Energy Transfer agreed to buy peer Williams. It got cold feet, warning that completing the deal would require taking on too much debt and could also force a dividend cut. It was the right decision to scuttle the deal. The problem was the way in which it achieved that end. The company sold convertible securities, with a huge portion going to the then-CEO. It appears that the convertible securities would have protected the CEO from the effect of a dividend cut, had a dividend cut been needed. In the end, Energy Transfer got out of the Williams deal, but that convertible decision should leave a bad taste in investors' mouths. Then, in 2020, when the energy industry was hit hard by demand declines around the coronavirus pandemic, Energy Transfer cut its distribution. Again, the decision was probably the right one for the business, which used the freed-up cash to strengthen its balance sheet. But income investors took it on the chin, and that's the key takeaway here. During the last two big energy industry downturns, when income investors were likely hoping for consistency, they had to worry about, and actually experience, income declines if they owned Energy Transfer. Enterprise Products Partners didn't cut its distribution in 2016 or in 2020. It didn't put out any warnings that such an event was possible. It just operated its reliable cash flow generating business. Along the way, it delivered distribution increases. At this point, the U.S. midstream giant has increased its distribution for 26 consecutive years. While trust might be a troubling issue with Energy Transfer, it isn't with Enterprise Products Partners. The long streak of putting unitholders first is a core reason to like Enterprise Products Partners, but it isn't the only reason. Other good reasons to like this midstream giant are its investment grade rated balance sheet, and the 1.7x over that its distributable cash flow covered its distribution in 2024. These are both signs of management's commitment, since they mean there's a lot of leeway before a distribution cut would be in the cards at Enterprise Products Partners. Put it all together, and most investors will probably be better off with all-American Enterprise over all-American Energy Transfer. Before you buy stock in Energy Transfer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Energy Transfer wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool recommends Enterprise Products Partners. The Motley Fool has a disclosure policy. Is Energy Transfer the All-American Dividend Stock for You? Consider This High-Yielder Instead. was originally published by The Motley Fool

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store