HBC Splits Saks OFF 5TH Into Online and In-Store Businesses — a Path Other Brands May Follow
Retail TouchPoints
JUNE 22, 2021
HBC will spin off the ecommerce operations of Saks OFF 5TH into its own independent entity through a partnership with Insight Partners. Saks OFF 5TH provides a compelling assortment of brands to fashion-seeking customers at the best prices. Saks OFF 5TH Chief Customer Officer Rob Brooks will become President of O5.
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