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News briefs

Saks, luxury goods, Chinese consumers and Apple – News briefs

January 15, 2014

 

Today in luxury marketing:

Saks’ new president to spend $1.25B to rejuvenate chain
Saks Fifth Avenue President Marigay McKee plans to spend $1.25 billion refurbishing the luxury chain over the next two years as she tries to broaden its audience and price ranges, Bloomberg reports.

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