Saks is hoping to strengthen its ecommerce business. Image credit: Saks Luxury Daily’s live news for May 12:
Saks strengthens financing to support growth
Saks, the ecommmerce counterpart to U.S. department store chain Saks Fifth Avenue, has completed a successful financing round as it looks to capitalize on the economic recovery.
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IMG taps Afterpay for NYFW sponsorship, consumer-facing programs
New York Fashion Week is partnering with payment provider platform Afterpay for a multiyear sponsorship deal beginning this September.
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Aston Martin adds to dealer network in Europe
British automaker Aston Martin is expanding its dealer network across Europe as it looks to strengthen its positioning.
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Luxury brands commemorate Eid al-Fitr
Luxury brands are turning to social media to wish Muslim affluents Eid Mubarak at the end of Ramadan.
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LVMH reveals comprehensive update on sustainability efforts
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is offering a transparent overview of its progress regarding social and environmental initiatives in a thorough report.
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