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News briefs

Saks, Google and former Tiffany & Co. exec – News briefs

November 17, 2010

 

6354Today in luxury marketing

Saks profit surges, expects merry Christmas

Saks posted a higher-than-expected quarterly profit, helped by a surge in luxury spending as financial markets healed and shoppers grew more willing to pay full price for its wares, and the retailer forecast more of the same during the holiday quarter, according to Reuters.

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