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

Website https://www.saksfifthavenue.com
Social          
Email id service@saks.com
Phone number +1 (877) 551-7257
Head office address New York, New York, United States
Tags Luxury Retail Department Store Fashion

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
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

What are Saks Fifth Avenue's business model and service classifications?

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
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