What is Saks Fifth Avenue's business focus and history?
Saks Fifth Avenue is a luxury department store chain based in New York City, founded in 1867 by Andrew Saks. It offers high-end fashion, beauty, and home products through its physical stores and e-commerce platform. In 2021, the company received a $500 million investment from Insight Partners, valuing its e-commerce business at $2 billion. Saks Fifth Avenue operates over 40 stores across the United States and has a significant online presence.
Saks Fifth Avenue Corporate Details & Core Services
Saks Fifth Avenue is an American luxury department store chain offering high-end fashion, beauty, and home products.
Saks Fifth Avenue Contact Information & Official Links
What are Saks Fifth Avenue's Key Business Metrics & Stats?
No of employees
Founded year
1867
Type
private
SAICS CODE
5311
NAICS Code
452210
Industry
Retail
Location
New York, New York, United States
Subsidiary Company
saksoff5th.com
Other website
saksoff5th.com
Pricing Strategy
Premium Pricing
Saks Fifth Avenue
Firmographic Snapshot
2026
1867
Founded Year
Global Employees
United States
Headquarters
Retail
Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Saks Fifth Avenue raised to date?
Name
Description
Funding Amount
USD 500 Million
Stage
Private Equity
Latest Valuation
2 Billion (USD)
Lead Investor
Insight Partners
Investors
Insight Partners
What are Saks Fifth Avenue's Core Products?
Name
Description
Women's Apparel
Designer clothing for women.
Men's Apparel
Designer clothing for men.
Shoes
Luxury footwear for men and women.
Handbags
Designer handbags and accessories.
Beauty Products
High-end cosmetics and skincare products.
Home Decor
Luxury home furnishings and decor items.
What are the latest developments at Saks Fifth Avenue?
Date
Type
Description
March, 2021
Corporate Restructuring
Saks Fifth Avenue's e-commerce and physical store operations were split into separate companies.
Saks Fifth Avenue VS Neiman Marcus VS Bloomingdale's VS Nordstrom : 2026 Comparison
Feature
Saks Fifth Avenue
Neiman Marcus
Bloomingdale's
Nordstrom
Core Strengths
Women's Apparel, Men's Apparel, Shoes, Handbags, Beauty Products, Home Decor
Designer Clothing, Luxury Handbags, Designer Shoes, Beauty Products, Home Decor
Women's Clothing, Men's Clothing, Home Goods
Clothing, Footwear, Accessories, Beauty Products, Home Furnishings
Founded Year
1867
1907
1872
1901
Stock Name/Ticker
Type
private
private
private
private
Global Employees
9500
55000
Revenue (Annual)
$1 Billion(2021)
$3.5 Billion(2018)
$1.5 Billion(2024)
$15.5 Billion(2024)
Headquarters
New York, New York, United States
Dallas, Texas, United States
New York, New York, United States
Seattle, Washington, United States
Latest Valuation
$2 Billion
$6 Billion
$6.3 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Neiman Marcus
3.5 | 9500
Bloomingdale's
1.5 | 0
Nordstrom
15.5 | 55000
Competitive Landscape 2026
DexterAgent.ai
What are Saks Fifth Avenue's official legal and registration details?
Name
Description
Legal Name
Saks Fifth Avenue
Cin number
GST number
Registration number
Who is in Saks Fifth Avenue's executive leadership team?
Name
Designation
CEO
Marc Metrick
Where are Saks Fifth Avenue's primary office locations?
City
Country
New York
United States
Beverly Hills
United States
What are the current business signals and market intelligence for Saks Fifth Avenue?
Spending next 3 months
E-commerce Expansion, Technology Upgrades, Marketing Campaigns
Pain points
High Competition in Luxury Retail, E-commerce Logistics, Customer Service Challenges
Sales motion
In-Store Sales, Online Sales, Personal Shopping Services
Buyer Persona
Affluent Professionals, Fashion-Conscious Consumers
Type of customer
High-Income Individuals, Fashion Enthusiasts
Key customer domain
neimanmarcus.com, bloomingdales.com, nordstrom.com
Annual ACV
$1,000 - $10,000
What is Saks Fifth Avenue's annual revenue history?
Year
Revenue (USD)
2021
1 Billion
What are Saks Fifth Avenue's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
Yes
Service
Yes
Ecommerce
Yes
Exporter
No
Mobile App
Yes
Retail
Yes
B2B
No
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No