SAKS PROMOTES LOUIS DIGIACOMO TO CHIEF MEN’S MERCHANT

Saks Fifth Avenue has announced that it has promoted Louis DiGiacomo to chief men’s merchant. He succeeds Tom Ott, who was named chief merchant of Saks Off 5th and Gilt last month. He will report to Tracy Margolies, the retailer’s chief merchant.

DiGiacomo, a 22-year Saks veteran who most recently served as divisional merchandise manager of footwear, accessories and men’s private brands, has been promoted to general merchandise manager of menswear for the upscale retailer.

In his more than two-decade career at the store, DiGiacomo has held a variety of positions. He began his career as an executive trainee in 1995 and has since served in positions including assistant buyer for home and gifts; assistant buyer, men’s designer sportswear; planner and buyer in men’s sportswear; and DMM of men’s, home and gifts.

Saks’ men’s division has been in a state of flux this summer with Ott moving over to Off 5th and Gilt and men’s fashion director Eric Jennings being let go. Shawn Howell, who had overseen luxury collections for Saks, also went over to Off 5th and Gilt as DMM of contemporary collections in June.

“Throughout Louis’ career, he’s proven himself to be an invaluable asset in leading Saks’ menswear merchandise strategy,” said Margolies. “His leadership, passion and experience will be essential to driving the men’s business while continuing to cultivate our talented team.”