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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

 

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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