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Commerce

Saks Global, Authentic Brands Group band together for joint luxury venture

October 10, 2024

The newfound Authentic Luxury Group will enhance the presence of Barneys New York in-store at Saks Fifth Avenue, online and in real estate with the launch of branded residences. Image courtesy of Saks Fifth Avenue

 

U.S. retailer Saks is looking beyond traditional department store models in a bid to generate sales.

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