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NBA star James Harden takes stake, board seat in luxury retailer Saks

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James Harden #13 of the Brooklyn Nets handles the ball against the Boston Celtics in Game One of the First Round of the 2021 NBA Playoffs at Barclays Center at Barclays Center on May 22, 2021 in New York City.

Steven Ryan | Getty Images

NBA superstar James Harden is a new investor in luxury retailer Saks, the parties announced on Monday.

Harden purchased a minority stake and will become a member of the Saks’ board, where he’ll advise on growing “high-potential consumer brands” and help expand its e-commerce platform, according to the announcement. Terms of Harden’s investment were not made available.

“I am honored to join the Saks board and to be a part of a company that is paving the future…



Source cnbc.com

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