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4min chapter
Ecommerce Is A Good Look For Saks Fifth Avenue
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SACS Fifth Avenue - What's Your Story?
HBC, the Hudson's Bay Company, which owns SACS with Avenue, made this very interesting move to separate the physical SACS stores from the E Commerce business. And SACS Fifth Avenue became the company in charge of the stores and then the E Commerce arm was spun off into a separate entity of which you are CMO. Insight Partners, a VC firm, took a $500 million minority stake in SACS.com.
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