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News briefs

Saks Fifth Avenue, Hugo Boss, BMW and iPad sales – News briefs

December 30, 2010

 

By Staff reports

saks-185

Today in luxury marketing:

State statutes could complicate Saks takeover

As Diego Della Valle builds his stake in Saks Inc., speculation continues to swirl that the department store chain could at some stage become the target of a takeover bid. However, Tennessee law gives company additional leverage in event of acquisition attempt, according to WWD.

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  4. Kering consolidates jewelry houses into new division
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