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Digital Mojo Sparks IPO Chatter Around Saks.com

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Just how successful was Saks’ online operation during the Covid pandemic? Apparently successful enough The Hudson’s Bay Co. is seriously considering spinning off the dot-com side of  Saks Fifth Avenue through an initial public offering. Saks CEO Mark Metrick has said that “luxury retail was primed for disruption” going into the coronavirus crisis, referring to…

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