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Jan. 28, 2022
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Retail

What does the Saks ecommerce split say about shoppers and retailers?

March 8, 2021

Saks has announced its new standalone ecommerce business. Image courtesy of Saks Fifth Avenue

 

By Katie Tamola

The owner of department store chain Saks Fifth Avenue is establishing the retailer’s ecommerce business as a standalone entity, signaling an evolution in consumers’ shopping preferences.

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  1. Hugo Boss debuts modern rebrand with star-studded campaigns
  2. Young people are buying less, buying better through luxury: Klarna
  3. Boucheron commemorates historic rendezvous with new collection
  4. Luxury brands turn to experiences to fulfill consumers’ desire for exclusivity
  5. Kering cedes luxury watchmaking space to LVMH, Richemont with portfolio shakeup
  6. How Estée Lauder Cos.’ Lab Series reinvented itself for a new generation
  7. Day’s wrap: Chanel, Bentley, Brioni and inclusivity in luxury
  8. Kering, Estée Lauder Cos. among most inclusive companies: Bloomberg
  9. Chanel gets consumers talking with runway horse
  10. Balenciaga, Gucci lead Lyst Index while TikTok trends dominate
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