366
Fashion Jobs
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ADIDAS
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ADIDAS
Senior Manager, Legal Counsel, Legal
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HENKEL
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L'OREAL GROUP
[l'Oreal Korea] Kiehl's - CRM & Trade Mkt sr. Specialist~Manager
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[l'Oreal Korea] (jr.) Claim Substantiation Specialist - Corporate Regulatory Affairs
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[l'Oreal Korea] (sr.) Product Manager - Kerastase Marketing Team, Ppd
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UNDER ARMOUR
Associate, HR Administration
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ARKET
Visual Merchandising Manager
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Marketing Manager
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JAEGER
[Jaeger Lecoultre] Marketing & Communication Director
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ESTÉE LAUDER COMPANIES
Corporate Account Executive For Travel Retail Korea, Estee Lauder Companies
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ESTÉE LAUDER - BRAND
Assistant Education Manager, Estee Lauder
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L'OREAL GROUP
[l'Oreal Korea] Luxe Div. - Lancome E-Commerce Specialist
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COS
Instore Visual Merchandiser Manager_seoul/Gyeonggi
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AESOP
Shinsegae Gwangju - Retail Consultant
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COACH
Manager, Ecommerce
Permanent · SEOUL
ADIDAS
Manager, Business Planning & Analysis, Wholesales
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HENKEL
Adhesive Key Account Manager For Sports And Fashion Market
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HENKEL
Consumer Brands General Manager Assistant
Permanent ·
HYPEBEAST
Brand Partnership Manager
Permanent · SEOUL
By
Reuters
Published
Mar 5, 2021
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HBC to launch Saks Fifth Avenue's online business as separate entity

By
Reuters
Published
Mar 5, 2021

HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a $500 million infusion from Insight Partners, a U.S. private equity firm, in the online business.


Facebook: Saks Fifth Avenue



Online demand for expensive makeup and handbags has received a boost during the COVID-19 pandemic, prompting luxury goods sellers to double down on their e-commerce business at a time when store traffic has been under pressure.

“Luxury ecommerce is poised for exponential growth,” HBC Chief Executive Officer Richard Baker said.

Insight’s equity investment values the online business, called Saks, at $2 billion, HBC said, adding the retailer’s 40-store fleet would operate separately and would be referred to as SFA.

Marc Metrick, the chief executive of the combined firm, would helm Saks, with former Amazon.com Inc executive Sebastian Gunningham also joining the e-commerce company’s board.

Insight Partners has invested in a range of technology and e-commerce companies, including Shopify Inc and Qualtrics Inc.

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