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NBA superstar James Harden is on board with luxury retailer Saks as a new investor, the parties announced Monday.
Harden, a member of the Brooklyn Nets, purchased a minority stake in the company and will become a Saks board member. According to the announcement, he’ll advise the company on growing “high-potential consumer brands” and help expand its e-commerce platform. Terms of Harden’s investment were not disclosed.
Harden, who was traded to the Nets by the Houston Rockets in January, has previously invested in personal hygiene company Art of Sport, beverage company BodyArmor, and Houston franchises of Major League Soccer and National Women’s Soccer League.
Read more from CNBC.
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