Article: Saks Fifth Avenue Enterprises Announces Management Changes.

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 15, 2001

Saks Fifth Avenue Enterprises ("SFA Enterprises" or "SFAE"), a business unit of Saks Incorporated (NYSE:SKS), today announced organizational and management changes. Saks Fifth Avenue Enterprises is comprised of Saks Fifth Avenue stores, Saks Off 5th, and Saks Direct.

Christina Johnson, President and Chief Executive Officer of Saks Fifth Avenue Enterprises, stated, "Saks Fifth Avenue Enterprises is making organizational and management changes to better integrate its three channels of business, Saks Fifth Avenue stores, Off 5th stores and Saks Direct, to further position SFAE for continued ...

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