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Feb. 12, 2026
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  4. Kering sees annual revenues sink 13pc
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News briefs

Saks, Bentley, NetJets and Christie’s

March 8, 2021

Saks is now valued at $2 billion. Image credit: Saks

 

By Luxury Daily News Service

Luxury Daily’s live news for March 5:

HBC splits Saks ecommerce, stores into separate businesses
Hudson’s Bay Company is spinning off the ecommerce site for U.S. department store chain Saks Fifth Avenue into its own separate entity as luxury ecommerce continues to grow.

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LATEST HEADLINES
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  1. Porsche pulls next head of design from McLaren
  2. The Ritz-Carlton New York, Central Park, acquired by Gencom
  3. Ralph Lauren goes global for Milano Cortina 2026
  4. Kering sees annual revenues sink 13pc
  5. Building brands with charisma
  6. Aston Martin loops Breitling in as global watch partner
  7. Genesis, CFDA reveal 2026 AAPI Design and Innovation Grant recipient
  8. Valentino adds singer Sombr to brand ambassador list
  9. Porsche, König Galerie give digital artists global stage
  10. Printemps unveils VIP shopping suite at Haussmann flagship
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