NEW YORK, New York — Saks, a premier luxury ecommerce platform,has appointed NBA All-Star, entrepreneur and investor, James Harden, as an independent member of its board. James Harden, who has made a minority investment in the company, brings expertise in helping to grow high-potential consumer brands combined with a unique perspective as a notable fashion enthusiast.
James Harden added, “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 – a love of fashion and teaming up with brands that have the potential to lead while making an impact on the communities they serve. I look forward to working with the Saks team, and to having a direct impact on the company’s future success, the fashion community and its customers.”
His appointment marks the latest milestone of Saks’ strategy to become the preeminent luxury ecommerce platform.
Saks’ Executive Chairman, Richard Baker said, “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 ecommerce.”
In addition to Harden, Deven Parekh and Adam Berger of Insight Partners, a leading growth capital investor and a minority shareholder in Saks, and Franz-Ferdinand Buerstedde of Rhône Capital, have been appointed as board members.
Harden portfolio as an investor includes minority ownership of Major League Soccer’s Houston Dynamo and the National Women’s Soccer League’s Houston Dash, as well as stakes in various brands, including Therabody, BodyArmor, Art of Sport, Stance and Pura, where he serves as Creative Director. He is also the founder of Thirteen, a Houston-based fine dining restaurant.