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News briefs

Saks, Paul Smith, Millennials and menswear – News briefs

May 16, 2012

 

Today in luxury marketing:

Saks shares pummeled after luxury giant misses revenue expectations
Shares of the luxury department store chain Saks Inc. declined more than 10 percent in pre-market trading this morning, after the company reported disappointing revenue figures for the first three months of the year, according to Business Insider.

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