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TechRadar
TechRadar
Craig Hale

Amazon is inching into the luxury goods market in search of high-quality data

Amazon Luxury Neiman Marcus Saks United States
Woman looking at mobile phone and holding shopping bag .

Amazon has purchased a minority stake in US luxury department store chain Neiman Marcus in a bid to expand its reach into more markets.

Despite revolutionizing ecommerce over the course of around two decades, Amazon has failed to penetrate the luxury goods sector highlighting extensive data that the company is set to be able to collect.

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