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Commerce

Do Saks’ woes signal luxury retail shift?

February 28, 2013

 

By Tricia Carr

Saks Fifth Avenue is offering cues for fellow luxury retailers as it revamps its bricks-and-mortar strategy and gears up for a comeback from weak 2012 profits by marrying the in-store and ecommerce experiences.

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  1. Valentine’s Day, Mother’s Day produced 16pc of natural diamond sales in 2025: NDC
  2. Tod’s returns to the Amalfi Coast in spring/summer 2026 release
  3. Pomellato celebrates trailblazing women at Beverly Hills event
  4. Saks Global closing most Fifth Avenue Club suite locations
  5. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  6. Pratesi expands Palm Beach flagship
  7. LuxExperience net sales up 1.1pc
  8. Boucheron donates brooch to The Victoria and Albert Museum
  9. Handpicked vintage styles inspired by FX’s ‘Love Story’ go live on Vestiaire Collective
  10. Nobu to enter Maldives with hotel, restaurant, residences
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Valentine’s Day, Mother’s Day produced 16pc of natural diamond sales in 2025: NDC
Tod’s returns to the Amalfi Coast in spring/summer 2026 release
Year-end sales jump 9pc at Hermès