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Retail

Saks Off 5th considers expansion to Europe

Off 5th, Saks Fifth Avenue´s off-price business, is seemingly doing very well in the United States. As the acquisition of the Galeria Holding by Saks´s parent company Hudson Bay´s Co (HBC) nears completion, the company is eyeing opportunities for expanding to Europe. “We intend on bringing Off 5th to Germany,” said HBC´s CEO Storch in an...

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