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Two more luxury-fashion players could join forces — with the backing of Amazon, report says
News
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
July 3, 2024
Arthur Bleemer
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidate amid a slump in demand.
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