Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: "We are delighted to have successfully closed on the purchase of this business. Then we got introduced to Sellercloud." Yossi Kbabieh Founder Solution (650) 747-8331. margin-bottom: 20px; 1/5. Jack Saadia, Principal and Co-Founder of The Saadia Group said: "The future of retail is fast and agile, mirrored by our team which has managed to put together a fantastic assortment of . New York City is an integral part of the brand DNA for both Lord & Taylor and New York & Company, Jack Saadia, principal and co-founder of Saadia Group, told the publication. Catering to a diversified portfolio of consumer products across multiple categories targeting all age demographics from Fashion Apparel in Men's, Women's & Kids, Footwear, Women's Handbags, Home Textiles, Furniture/Dcor & Tech Accessories and more. } Saadia Group Who we are Portfolio Careers Previous Next 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 We own and manage over 10 million square feet of commercial real estate space and 12 million square feet of industrial buildings across the country. Though Cushman put its office space on the market prior to the pandemic, the market has since spiraled as more companies embrace the cost-savings associated with remote work. TENTATIVE ORDER. We believe in the New York & Company. C/O Saadia Group. Join this Adweek event, July 1112, for insights on the modern consumer. Finally, I want to thank our team at the Saadia Group, our legal team at Armstrong Teasdale and Robinson and Cole, and especially White Oak Commercial Finance, who all supported us through this process and helped us close this extremely complicated transaction.. To that end, we evaluated the market and identified a plug-and-play opportunity at 275 Madison Avenue that allowed for immediate occupancy and minimal up-front capital expenditure costs.. . , one of the oldest department stores in the country, in a, for $12 million, Bloomberg reported. NEW YORK, Sept. 22, 2021 /PRNewswire/ -- Saadia Group, a multi-brand, end-to-end platform known for being leaders in product manufacturing, wholesaling, retailing, and distribution, proudly. The office is being subleased from real estate firm Cushman & Wakefield, which had been looking for a subtenant even before the pandemic hit. Its not a direct lease with the building owner, RPW Group: Cushman & Wakefield is subletting the 41,000-square-foot space to Saadia. color: #ddd; RTW Retailwinds, Inc. (RTW or the Company) [OTC PINK:RTWIQ], an online specialty apparel retail platform for powerful celebrity and consumer brands, announced that it closed on the sale of its e-Commerce business and all related intellectual property, including its websites, www.nyandcompany.com, www.fashiontofigure.com and its rental subscription businesses at www.nyandcompanycloset.com and www.fashiontofigurecloset.com, together with certain other assets, to Saadia Group, LLC. Pursuant to the Companys filed Disclosure Statement and Plan of Liquidation, the sale will result in a distribution to the Companys unsecured creditors; however, the Companys equity securities will be cancelled on or before the conclusion of the Companys Chapter 11 cases with no payment or other distribution thereon. According to Jack Saadia, principal of investment firm Saadia Group, which bought Lord & Taylor for $12 million in October 2020, the 194-year-old department store has a "powerful legacy" with . Saadia purchased New York & Co. and sister brand Fashion to Figure, a plus-size retailer, for $40 million. Problem "We were struggling with the day to day e-commerce process - from order processing, uploading tracking, product features, details and script writing. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Finance Manager, Principal, and Co-founder. This comes only a few months after Saadia closed a deal for the New York and Co. brand, with similar plans to start an online business. Now Saadia Group is planning Lord & Taylor's revival with a revamped website that initially will focus on women's and men's apparel, homewares and beauty, according to Women's Wear Daily. Cushman inherited the space from Massey Knakal after acquiring the company in 2015. We, AOL, are part of the Yahoo family of brands. Jack Saadia, principal and co-founder of the Saadia Group, sought a brand-appropriate space for Saadias recently acquired brands and tapped Savills for a strategic plan that included identifying an ideal location; one that would allow Lord & Taylor and New York & Company to quickly establish operations while maintaining a New York City presence and accommodating future growth, Savills Zang said in a statement. margin-top: 10px; Saadia Group, an American multi-brand, end-to-end platform known for being leaders in product manufacturing, wholesaling, retailing and distribution, has agreed to acquire the assets of its. The city was founded in 1794 by a strategic decision of the Empress Catherine II to build a warm-water port following the conclusion . The Saadia Group is deeply committed to continue the rich legacy of the heritage brand in a modern, progressive way. Looking to the future, we believe the new company is well-positioned for organic growth within the digital space with both the New York & Company and Fashion to Figure brands. The Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (the Court) on July 13, 2020. When typing in this field, a list of search results will appear and be automatically updated as you type. SAADIA GROUP LLC is a business entity registered with the State of New York, Department of State (NYSDOS). Jack Allen, LLC: 105 W. 29th St., Apt. Crains New York Business is the trusted voice of the New York business communityconnecting businesses across the five boroughs by providing analysis and opinion on how to navigate New Yorks complex business and political landscape. jQuery(document).on("ready", function() {jQuery(".center").slick({dots: !0,infinite: !0,centerMode: !0,slidesToShow: 3,slidesToScroll: 1,autoplay: !0,autoplaySpeed: 3000,responsive: [{breakpoint: 768,settings: {slidesToShow: 1,centerMode: false,slidesToScroll: 1}}]})}); We own and manage over 10 million square feet of commercial real estate space and 12 million square feet of industrial buildings across the country. Founded by Jack Saadia in 1996 and headquartered in New York, Saadia Group has become a leader in online sales since then, bringing each of its portfolio brands to the forefront of e-commerce by utilizing Sellercloud's Skustack and Skublox. We believe in the New York & Company and Fashion to Figure brands and the opportunity to use these e-Commerce platforms to continue to grow the business as we move forward. The Saadia Group is the latest among a small selection of operators giving a second chance to distressed retail operations. The New York City based investment firm will leverage the contiguous space as the new . 646-795-4711. The acquisition was approved by the U.S. Bankruptcy Court for the Southern District of New York and is expected to close in the next few weeks. Solemates is a revolutionary foldable flats company catering to the aching feet of every hard working woman! It also picked up the e-commerce business of. Their strategic investments in fashion brands utilizes their broad experience and leverages full complement of resources to grow and expand the business. The 41,000-square-foot space is a far cry from what Lord & Taylor was before it gave up its, Lord & Taylor to close storied flagship on Fifth Avenue, Lord & Taylor is returning to the city with a mini store, Ex-ABC News anchor Amy Robach and actor Andrew Shue offload West Village co-op, Flatiron Building is headed to auction following dispute between owners, A Sutton Place resident accuses his building of scheming to sink a sale, Transit union blocks plan to realign subway service around hybrid work patterns, Old-school dive Subway Inn reopens after eight months ofliquor license limbo. Some of these statements can be identified by terms and phrases such as expect, anticipate, believe, intend, estimate, continue, could, may, plan, project, predict, and similar expressions and references to assumptions that the Company believes are reasonable and relate to its future prospects, developments and business strategies. We look forward to building this brand and are enthusiastic to continue to add to our portfolio within the luxury market.". Saadia Group, Lord & Taylor's new owner, is taking the once-sprawling retail empire, which had anchored a 660,000-square-foot building on Fifth Avenue, and packing it into three floors of a. CASE NO. WeWork bought it from the company for $850 million in 2019 but decided to sell it amid problems with its initial public offering. padding-bottom: 20px; Media Contact:Brandon McDaniel [emailprotected], Cision Distribution 888-776-0942 } If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Kbabieh credits Sellercloud with much of its expansion and online growth success. C&W put the 275 Madison office which it took over after it acquired Massey Knakal up for sublease before the coronavirus pandemic hit, and Saadia was able to nab the space at a 30 percent discount compared with direct spaces in the building, according to tenant broker Savills. Plaintiff/Cross-Defendants SAADIA SQUARE LLC and JACK SAADIA's unopposed application for non-resident Jonathan A. Ozarow to appear as Counsel Pro Hac Vice is GRANTED. margin: 0 45px; , inked a deal to take 41,000 square feet at. The relaunch comes after Lord & Taylor shuttered all its stores in 2021, following its acquisition by The Saadia Group in 2019 in a bankruptcy auction. Declaration of Jack Saadia (D oc. Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: "We are delighted to have successfully closed on the purchase of this business. Margarita Ricarte. We hold these values proud and high throughout the company, our community, and in our way of doing business. .article-native-ad strong { SAADIA SQUARE LLC v. ALL-WAYS PACIFIC, LLC. Catering to a diversified portfolio of consumer products across multiple categories targeting all age demographics from Fashion Apparel in Men's, Women's & Kids, Footwear, Accessories, Home Textiles, Furniture and more. All of Cushmans furniture, fixtures and equipment were included. Risk Factors" in the Companys Annual Report on Form 10-K for fiscal year 2019. Saadia Group to Operate the e-Commerce Business as an Ongoing Business. To learn more about the brand, visit www.lordandtaylor.com, and look out for further updates on the official social channels. The new partnership promises . Saadia Group, which recently bought department store Lord & Taylor, inked a deal to take 41,000 square feet at 275 Madison Avenue, brokers on the deal confirmed. from 8 AM - 9 PM ET. Jan 2010 - Present13 years 3 months. View source version on businesswire.com: https://www.businesswire.com/news/home/20201002005463/en/, Fed's Barkin says he could see rates at 5.5%-5.75%, Silvergate suspends crypto payments network; shares fall after-hours, Argentina inflation seen speeding in 2023, central bank poll shows, GEMINI SAYS INVESTIGATING REPORTS OF POTENTIAL SERVICE DISRUPTIO, Ex-Goldman banker Ng deserves 15 years in prison, US prosecutors say, Storms in US South kill at least 7, head to Northeast, MUSK DELAYED PAYING TWITTER'S AMAZON CLOUD BILL, SPARKING AD THR, SILVERGATE SAYS SILVERGATE BANK HAS MADE A RISK-BASED DECISION, Indonesian officials call for audit after Pertamina fire kills 13, TWITTER'S REVENUE, ADJUSTED EARNINGS FELL ABOUT 40% IN MONTH OF. The 41,000-square-foot space is a far cry from what Lord & Taylor was before it gave up its flagship. Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: "We are delighted to have successfully closed on the purchase of this business. This office space will provide our teams with a collaborative and safe working environment that will ultimately lead to growth and expansion across our network of brands.. We believe in the New York & Company and Fashion to Figure brands and the opportunity to use these e-Commerce platforms to continue to grow the business as we move forward. font-weight:500; Saadia Group, Lord & Taylors new owner, is taking the once-sprawling retail empire, which had anchored a 660,000-square-foot building on Fifth Avenue, and packing it into three floors of a Midtown office. Saadia Group, Lord & Taylor's new owner, has found a new office in Midtown. Saadia Group is building a transformational company and digital platform that will change the retail and brand landscape for current and future generations. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. In the past year, weve seen retailers like Century 21 and Lord & Taylor shut down only to announce plans to reopen months later. Europe, Menlo Park, China), Where the person is located (e.g. They had been struggling with day-to-day processes like tracking inventory, product features and editing listings online and needed a solution to help them maximize their operational efficiency and cut labor costs. We believe in progressive thinking and dont shy away from challenging conventional thinking and the status quo. Its New York City office brings Lord & Taylor back to the neighborhood after it sold its 424 Fifth Avenue flagship to WeWork and Rhne Capital for $850 million in 2019. Jack Saadia, Principal and Co-Founder of The Saadia Group said: "The future of retail is fast and agile, mirrored by our team which has managed to put together a fantastic assortment of merchandise and a website in record time of less than 120 days. We are looking at a vastly updated assortment, limitless digital aisles and many more exciting experiences," says Jack Saadia, principal and co-founder of The Saadia Group. With Aquatalia's history of style and craftsmanship, Saadia Group sees it as the perfect label to begin their portfolio within the luxury fashion world. Aquatalia offers the finest combination of fashion, quality and comfort in luxury footwear and is the first to mix distinctive Italian design with innovative weatherproof and stain-resistant technology. Bridging the gap between style and function, Aquatalia sets a new standard in fine footwear and accessories. Founded by Jack Saadia in 1996 and headquartered in New York, Saadia Group has become a leader in online sales since then, bringing each of its portfolio brands to the forefront of e-commerce by utilizing Sellerclouds Skustack and Skublox. Jack Saadia, principal and co-founder of Saadia Group said: "The addition of Aquatalia to our growing family of brands strengthens our reach and the ability to serve additional consumers. SAADIA LANCASTER - HOURLY. Saadia Group, Lord & Taylors new owner, has found a new office in Midtown. Retail Ecommerce Ventures in December acquired Stein Mart in bankruptcy court for $6.02 million, with plans to relaunch online this year. Mr. Jack Saadia, Principal and Co-Founder, Saadia Group Additional Contact Information Fax Numbers (212) 884-2396 Primary Fax Phone Numbers (212) 884-2000 Other Phone (276) 670-2139 Other. Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Jack Saadia is the Finance Manager, Principal, and Co-founder at Saadia Group. Visit Website. We are leaders in multi-category Product Manufacturing, Wholesaling and Retailing. From exclusive collaborations and merchandise to first-class service and unique events, this new chapter promises to bridge the 195-year heritage with a modern, innovative future. As previously announced, the Company has fully satisfied and repaid all of its secured debt. Gabe Marans, Andrew Zang and Greg Albert of Savills represented Saadia in the lease, while C&W handled it in-house via Stuart Romanoff, Franklin Speyer, Michael Baraldi and Lexie Perticone. 1 W 34th St Fl 10. "We are deeply committed to continuing the brand's rich legacy in a progressive way. not a debt instrument. The firm signed a sublease with Cushman & Wakefield for the space at RPW Group's 43-story Midtown building between 39th and 40th streets, Crain's New York first reported. White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $25 million ABL facility to Saadia Group for the acquisition of two women's apparel brands from e-commerce retailer RTW Retailwinds, which is undergoing bankruptcy proceedings.. In 2020Amazon took it off WeWorks hands for nearly $1 billion. See all Saadia Group LLC current commercial real estate listings and brokers from the Saadia Group LLC office at 1 W 34 St, New York, NY 10001. Click below to see everything we have to offer. Andrew Zang and Greg Albert of Savills also represented Saadia in the lease. ABOUT THE SAADIA GROUPThe Saadia Group are the leaders in multi-category product manufacturing, wholesaling and retailing. The platform is made to fit and evolve with the ever-changing customer. Asking rent was $49 per square foot, a source with knowledge of the deal said. Don't miss the chance to get the biggest news first! Find out more about how we use your personal data in our privacy policy and cookie policy. . 542) was offered as evidence by Saadia. Personal responsibilities included . HEARING: 08/04/21. } Saadia Group also implemented Skublox, Sellerclouds sort-to-light solution to help eliminate sorting and shipping errors, revolutionizing the way the company operated with events like Black Friday and Cyber Monday. Instead, the office will be used as a showroom and for administrative staff. Sponsored Content: You Dont Need a CIO or an IT Guy! Retail had its reckoning. Contact Information. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals. New York, NY 10001-3011. "We picked up people from the old company and from. The acquisition was approved by the U.S. Bankruptcy Court for the Southern District of New York last week and is expected to close in the next few weeks. Saadia Group are the leaders in multi-category product manufacturing and retailing. Catering to a diversified portfolio of consumer products across multiple categories targeting all age demographics from Fashion Apparel in Mens, Womens & Kids, Footwear, Accessories, Home Textiles, Furniture and more. (#1336744) . Saadia Group has agreed to acquire the assets of its first luxury fashion label, Aquatalia, from Global Brands Group in a $23 million cash deal. .article-native-ad svg { Saadia Group is in multi-category product manufacturing and retailing. MOUNT OLIVE TWP. Retail brand leaders will gather at Commerceweek to discuss how to reimagine the customer journey. Today's unveiling is just . A spokesperson for C&W declined to comment. Indeed, SM has an 86% equity interest in the Company, further demonstr ating the baselessness of Saadia's attempt The Saadia Group has redeveloped 10 million square feet of commercial space and 12 million . Free and open company data on New York (US) company SAADIA GROUP LLC (company number 3922496), 1 W 34TH STREET, 10TH FLOOR, NEW YORK, NY, 10001 Saadia Group Finance Manager, Principal, and Co-founder Mar 1996 Related Hubs Recent News and Activity There is no recent news or activity for this profile. The firm signed a sublease with Cushman & Wakefield for the space at RPW Groups 43-story Midtown building between 39th and 40th streets, Crains New York first reported. This outcome is particularly satisfying given the current environment, where many retailers bankruptcy filings have resulted in full liquidations and minimal distributions due to COVID-19, Mr. Shapiro added. A spokesperson for C&W declined to comment. The picking is so easy; you can see it live who picked it, how many pieces were picked, and how much you have left. In a statement, Jack Saadia, principal and co-founder of The Saadia Group said, "The future of retail is fast and agile, mirrored by our team which has managed to put together a . It was truly an honor to lead and partner with such an amazing group of individuals. plans to resurrect Lord & Taylor as an e-commerce brand. Factors that could cause the Company's actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to, (i) the risks associated with the spread of COVID-19 and its impact on the Company's sales and supply chain; (ii) the Company's ability to anticipate and respond to fashion trends; (iii) the impact of general economic conditions and their effect on consumer confidence and spending patterns; (iv) changes in the cost of raw materials, distribution services or labor; (v) the potential for economic conditions to negatively impact the Company's merchandise vendors and their ability to deliver products; (vi) seasonal fluctuations in the Company's business; (vii) competition in the Company's market, including promotional and pricing competition; (viii) the Company's ability to retain, recruit and train key personnel; (ix) the Company's reliance on third parties to manage some aspects of its business; (x) the Company's reliance on foreign sources of production; (xi) the Company's ability to protect its trademarks and other intellectual property rights; (xii) the Company's ability to maintain, and its reliance on, its information technology infrastructure; (xiii) the effects of government regulation; (xiv) the control of the Company by its largest shareholder and any potential change of ownership of the Company including the shares held by its largest shareholder; (xv) the impact of tariff increases or new tariffs; (xvi) risks arising from the delisting of trading of the Companys common stock on the NYSE; (xvii) risks and uncertainties relating to the Chapter 11 cases, including but not limited to, the Companys ability to obtain Bankruptcy Court approval with respect to motions filed in the Chapter 11 cases; (xviii) the effects of the Chapter 11 cases on the Company and on the interests of various constituents; (xix) Bankruptcy Court rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general; (xx) the length of time the Company will operate under the Chapter 11 cases; (xxi) risks associated with third party motions in the Chapter 11 cases; (xxii) the potential adverse effects of the Chapter 11 cases on the Companys liquidity or results of operations and increased legal and other professional costs necessary in the Chapter 11 cases; (xxiii) uncertainty associated with evaluating and completing any strategic or financial alternative, as well as the Companys ability to implement and realize any anticipated benefits associated with any alternative that may be pursued; (xxiv) the Companys liquidity and ability to continue as a going concern; (xxv) risks associated with any default under the Companys debt agreement; (xxvi) risks associated with the Companys ability to make payments on and to repay or refinance the Companys debt or generate sufficient cash; (xxvii) the Companys equity securities will be cancelled on or before the conclusion of the Companys Chapter 11 cases with no payment or other distribution thereon; and (xxviii) those discussed under the heading "Item 1A. Copyright 2023 Surperformance. Some 20,000 U.S. stores closed in 2020, and investment bank UBS projected another 80,000 will shutter through 2026. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, LORD & TAYLOR CELEBRATES A REIMAGINED FUTURE, HONORING ITS 200 YEAR LEGACY WHILE LEAPING INTO THE MODERN WORLD. Alongside classic favorites, [] Will subleases flood the market? A buyer financed by the private investment firm of Michael S. Dell boosted its bid at the last minute to win the most valuable properties of bankrupt retailer Toys "R" Us Inc. in a court . The space will look nothing like Lord & Taylors previous 660,000-square-foot flagship on Fifth Avenue. https://cases.primeclerk.com/RTWRetailwinds/, https://www.businesswire.com/news/home/20201002005463/en/, International drug bust nets $677 million of cocaine bound for Australia, UK MILITARY INTELLIGENCE - UKRAINIAN-HELD RESUPPLY ROUTES OUT OF, UK MILITARY INTELLIGENCE - UKRAINE IS REINFORCING THE AREA WITH, BBC tax raids shine light on Indian media freedom under Modi, some journalists say, UK MILITARY INTELLIGENCE - REGULAR RUSSIAN ARMY AND WAGNER GROUP, UK MILITARY INTELLIGENCE - UKRAINIAN DEFENCE OF DONBAS TOWN OF B, Gazprom to ship 39.8 mcm of gas to Europe via Ukraine on Saturday, China parliament to review state entity reform plan, Legislative Law, Magnitude 6.6 earthquake strikes Kermadec Islands, New Zealand - EMSC, Rwanda says Congo soldier killed after crossing border and opening fire, Flooding in southern Malaysia forces 40,000 people to flee homes, China's defence spending increases have been 'reasonable' - parliament spokesman, Japan delays launch of H3 rocket by a day due to weather, JAPAN'S JAXA SAYS IT DELAYS LAUNCH OF H3 FLAGSHIP ROCKET BY 1 DA. Today's unveil is just the beginning.". A spokeswoman for Saadia Group said it's negotiating a lease with an unidentified tenant that would bring 300 to 1,000 jobs to the 765,000-square-foot complex, depending on the time of year. The company will be joined there by several businesses in Saadias portfolio. The investment firm, which acquired Lord & Taylor and New York & Company in a bankruptcy auction, will operate the. The investment firm, which acquired Lord & Taylor and New York & Company in a bankruptcy auction, will operate the brands as an e-commerce business out of its new 275 Madison Avenue headquarters, according to Crains. (212) 210-0100, As Garment District landlords clamor for resi conversions, others say not so fast, Twitter to scale back Chelsea office space as Musk cuts costs. Defendants seek sanctions from Plaintiff and Plaintiff's counsel, Mr. Zarin, alleging that Mr. Saadia was unprepared for the deposition and that Plaintiff's counsel frustrated the deposition through numerous speaking objections and instructions to not answer. A few years ago, however, the UN Group of Experts on Geographical Names decided that the Ukrainian version . You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. There is no recent news or activity for this profile. We are leaders in multi-category Product Manufacturing, Wholesaling and Retailing. Jack Saadia, Principal and Co-Founder of Saadia Group, added: "The addition of Aquatalia to our growing family of brands strengthens our reach and the ability to serve additional consumers.. Yossi Kbabieh, Sales Manager for Saadia Group, knew it was clear that sales were moving online as early as the mid-2000s. If we didnt have Sellercloud we wouldnt have been able to expand to the channels and marketplaces that we did. It also picked up the e-commerce business of New York & Companyowners RTW Retailwinds last year, which it has kept operational even as the retail shops shuttered. We also look forward to partnering with the Saadia Group, LLC and its principal, Jack Saadia, along with his dynamic team as they become a major force in the e-Commerce apparel sector., Mr. Toal continued: I would like to thank all of our associates both in our brick-and-mortar stores and within our headquarters for the tremendous dedication, hard work and professionalism that they have shown through extremely challenging times this past year. Saadia Group, LLC paid $40 million for New York & Company's e-commerce business in September of 2020. . NetSuite will help premier holding group of online retail brands grow its business with improved speed, efficiency, and return on investment Austin, Texas - WEBWIRE - Wednesday, January 25, 2023 Saadia Group, a family-owned holding group with a diverse portfolio of leading consumer brands including Lord . . We believe in the New York & Company and Fashion to Figure brands and the opportunity to use these e-Commerce platforms to continue to grow the business as we move forward. Catering to a diversified portfolio of consumer products across multiple categories targeting all age demographics from Fashion Apparel in Men's, Women's & Kids, Footwear, Women's Handbags, Home Textiles, Furniture/Dcor & Tech Accessories and more. The Saadia Group are the leaders in multi-category product manufacturing, wholesaling and retailing. The new, digital-only approach underscores the challenges department stores have faced . The Digital Collective is a nimble way for the brand to continue existing with its rich, 195-year history.