Saks Global ends tie-up with Amazon

Department store chain Saks Global is reportedly ending its partnership with online retailer Amazon.
A source said on Friday (30 January) that Saks would close down its “Saks on Amazon” store front to focus on areas of its company “it sees as spurring more growth,” Reuters reported.
The tie-up initially arose after Amazon invested £347.2m ($475m) to support the multi-brand luxury retailer’s acquisition of Neiman Marcus in 2024.Related Story Job cuts loom at LK