Brooklyn Nets’ guard James Harden isn’t letting a playoffs injury slow down his investing routine. The NBA star added to his portfolio this week, buying a minority stake in luxury retail company Saks.
As a minority owner, Harden will take a seat on the Saks’ board. In this role the NBA star plans on advising the company on “high-potential consumer brands” as well as the company’s e-commerce efforts.
It makes sense Saks would see Harden as a valuable asset for catching upcoming trends in fashion. The star is known to be one of the most controversial players in the league in regards to his style. Nonetheless, Harden’s influence on the fashion world is undisputed.
“I am honored to join the Saks board and to be a part of a company that is paving the future of luxury retail,” Harden said in an announcement. “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.”
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I’m joining @saks as a board member and investor. Honored to be a part of a company that is creating the future of luxury retail. An exciting opportunity to combine my passions: fashion & teaming up with a brand with the potential to lead while making an impact on the community
— James Harden (@JHarden13) June 15, 2021