Saks Fifth Avenue


Licensed Saks Fifth Avenue Store Opens in Kazakhstan

A three-story tall logo wall greets shoppers at the new Saks Fifth Avenue store in Almaty, Kazahkstan

Almaty, Kazakhstan—A 91,000 square foot, tri-level Saks Fifth Avenue opened here Sunday, the anchor for the Esentai Shopping Mall … [Read more...]

Saks Inc. Q2 Posts Loss, Sales Gain

Model with Anya Hindmarch bag by Saks Fifth Avenue's photo blogger Phil Oh.

New York—Despite an increase in sales, Saks Inc. reported today that its second quarter loss widened due to costs associated with … [Read more...]

Saks Revamps & Expands Zip-Code Shoe Department

Rendering of the new Saks Fifth Avenue 10022-SHOE department

New York—Talk about a well-heeled zip code!Saks Fifth Avenue’s shoe department holds a place in history as the first floor to … [Read more...]

Saks Q1 Profit Rises, Sales Solid Not “Robust”

Saks Inc. plans to invest more in certain categories, notably footwear

New York—Saks Inc. posted today a 13% gain in its first quarter income as regular priced sales increased but still missed … [Read more...]

Report: Affluent Consumers Do Connect to Luxury Brands via Mobile

Shopping Saks Fifth Avenue on the iPhone

New York—The next top luxury shopping venue may be as close as a mobile phone or table computer.In “Mobile Apps and Commerce … [Read more...]

With Retail Judges, Saleability Becomes Star of New Fashion Reality Show

Fashion Star opener

Universal City, CA--How’s this for a fashion design reality show concept? Have aspiring designers make clothes and see if the … [Read more...]

Saks Q4 Beats Estimates as Demand for Luxury Rises

Tori Burch at Saks Fifth Avenue. Handbags have been a top performer for the retailer.

New York—Buoyed by the upward swing in luxury sales, Saks Inc. reported today that its fourth quarter profit and sales beat … [Read more...]

Saks to Open Online Distribution Center in Tennessee

Saks Inc.

La Vergne, TN—Saks Inc. reported this week that it plans to build a new 564, 000 square foot distribution facility here adding to … [Read more...]

Accessories Announces its 2012 Merchants Hall of Fame Inductees

2012 Merchants Hall of Fame

New York—Accessories Magazine is proud to announce the 2nd round of inductees into its annual Merchants Hall of Fame.The … [Read more...]

December Comp Sales Rise 3.3% on Mixed Holiday Results

Blizzard Tarnish December Retail Sales

New York—“Sales were decent but not great.”That’s how Ken Perkins, president of Retail Metrics, summed up today’s December … [Read more...]

Black Friday Success Bolsters November Retail Comps

Black Friday Shoppers 2011

New York—A warmer than usual November along with consumers holding off spending for Black Friday weekend resulted in mixed … [Read more...]

Saks Inc. Q3 Profit Declines, But Still Beats Forecast

Handbags, along with jewelry and footwear, were strong sellers during third quarter at Saks Fifth Avenue

New York—Saks Inc. posted today a 51% decline in its third quarter profit, but the upscale retailer still beat forecasts as its … [Read more...]