Cinco de Mayo commemorates the Mexican army's defeat of French forces at the Battle of Puebla in 1862. Leave it to Saks Fifth Avenue to give the day entirely new meaning. The retailer has announced that today "has been designated by the city of New York as Chanel No. 5 Day," and "a portion of Fifth Avenue is being renamed Avenue No. 5 for the week." [PR Newswire]
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