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News briefs

Day’s wrap: Nordstrom, Saks, Accor and Oscar de la Renta

November 24, 2021

Michelle Obama at the Saks window unveiling and light show. Image credit: BFA for Saks Fifth Avenue


Luxury Daily’s live news for Nov. 24:

Nordstrom sales return to pre-pandemic levels, but digital stalls
U.S. department store chain Nordstrom continued to see improving foot traffic during the third quarter, with net sales up 3 percent from the same period in 2019.

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Saks enlists Michelle Obama for holiday kickoff event
U.S. department store chain Saks Fifth Avenue has revealed its iconic holiday windows and light show with the help of a special guest.

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Accor introduces new luxury hotel brand, Emblems Collection
Global hospitality group Accor is launching a new line of luxury boutique hotels and resorts as it builds its expansive portfolio.

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Oscar de la Renta debuts resale platform with vintage specialty
U.S. fashion label Oscar de la Renta is the latest brand to enter the resale space, hoping to capitalize on a growing market segment in luxury.

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