What the Saks Spinoff Signals About the Future of Luxury Shopping

Luxury ecommerce is taking off

A recent deal with Insight Partners injects $500 million into Saks' ecommerce business.
A recent deal with Insight Partners injects $500 million into Saks' ecommerce business. John Greim/Getty Images

Prior to the pandemic, shopping for luxury goods was predominantly an in-store affair.

@lisalacy lisa.lacy@adweek.com Lisa Lacy is Adweek's Commerce Editor.
{"channel":"elasticpress","title":"Recommended","post_types":["post","page"],"lineup_id":"54851","since_qty":30,"since_time":"d","until_qty":0,"until_time":"m","q":"","num_posts":0,"vertical":"commerce"}