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JAMES HARDEN JOINS SAKS FIFTH AVENUE E-COMMERCE SITE AS BOARD MEMBER AND INVESTOR

It looks like a basketball star’s fashion sense may have paid off.

Saks Fifth Avenue announced on its Instagram page that Brooklyn Nets guard, James Harden, has joined its board of directors and is a minority investor.

“Saks is excited to announce the appointment of @jharden13—nine-time NBA All-Star, Brooklyn Nets guard and entrepreneur—as an independent member of our board and minority investor.”

The three-time NBA scoring champion and 2018 NBA most valuable player will make an investment in Saks Fifth Avenue department stores’ new e-commerce business, Saks.

“I am honored to join the Saks board and to be a part of a company that is paving the future of luxury retail. This is an exciting opportunity for me to combine two of my personal passions—fashion and teaming up with brands that have the potential to lead—while making an impact on the communities they serve.” Harden said in a written statement.

According to Nets Daily, Saks CEO Richard Baker released a statement, “As we work to build this new board, James is an important and valuable addition. With experience in growing businesses and as someone who values self-expression through fashion, I am confident that he will bring a distinct point of view that will help us better deliver for our customers. His expertise, combined with that of our other board members, will enable Saks to further capitalize on the significant growth opportunity within luxury e-commerce.”

Source: BlackEnterprise

 

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