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Saks Lays Out Reasons for Laying Off Staff

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Luxury retailer Saks Fifth Avenue is pruning jobs as shoppers continue to shy away from stores. On Tuesday, a spokeswoman for the upscale merchant told Sourcing Journal that the company has been taking steps to “strategically evolve our business for some time.” “As a result, we have further evaluated our store functions to ensure we…

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