March 02, 2015 10:52 AM ET

Specialty Retail

Company Overview of Saks Fifth Avenue, Inc.

Company Overview

Saks Fifth Avenue, Inc. operates men's and women's fashion apparel retail stores in the United States and internationally. The company offers women’s apparel, such as dresses, tops, sweaters, jackets and vests, outerwear, denim, pants, jumpsuits and shorts, leggings, skirts, suits, leather, activewear, swimwear, lingerie, sleepwear and loungewear, and maternity wear in various sizes; shoes, which include ballet flats, boots, evening wear, exotics, lace ups, loafers and moccasins, pumps and slingbacks, sandals, slippers, sneakers, wedding wear, and wedges and espadrilles; handbags, including baby bags, backpacks, beach bags, bucket bags, clutches, crossbody bags, hobos, mini bags, shoulder ba...

12 East 49th Street

New York, NY 10017

United States

Founded in 1924

Phone:

877-551-7257

Fax:

601-968-5281

Key Executives for Saks Fifth Avenue, Inc.

President
Executive Vice President
Age: 66
Group Senior Vice President
Age: 49
Group Senior Vice President and General Merchandise Manager
Chief Merchandising Officer and Executive Vice President
Age: 53
Compensation as of Fiscal Year 2014.

Saks Fifth Avenue, Inc. Key Developments

Saks Fifth Avenue to Open Second Store in Las Vegas, Nevada

Saks Fifth Avenue announced plans to open a new store within Las Vegas Premium Outlets North, Las Vegas, Nevada in April 2015. Located in Las Vegas Premium Outlets North at 875 South Grand Central Parkway Las Vegas, this new 28,000 square feet shop of two levels, which will offer hundreds of top-of-the-line designer fashion brands for both men and women, is the second Saks Fifth Avenue OFF 5TH store in Las Vegas. In addition, Saks Fifth Avenue OFF 5TH also announced it will open a relocated store at Las Vegas Town Centre on Las Vegas Boulevard in March 2015.

Saks Fifth Avenue to Open First Store in San Juan

Saks Fifth Avenue announced the opening of the first Saks Fifth Avenue store in Puerto Rico. The 100,000 square foot, multi-level store opens in conjunction with the Mall of San Juan on March 26, 2015. Conveniently located near the Luis Muñoz Marín International Airport and several luxury hotels, the new Saks Fifth Avenue location will offer visitors and residents an unparalleled assortment of luxury brands, such as Stella McCartney, Diane von Furstenberg, Dolce & Gabbana, Roberto Cavalli, Alexander McQueen, 3.1 Phillip Lim, Etro, Oscar de la Renta, and many others. Saks Fifth Avenue San Juan will introduce the market to the famous 10022 SHOE, Puerto Rico’s most well-heeled ZIP code. The space will provide an extensive shoe selection, offering luxury brands such as Valentino, Christian Louboutin, Salvatore Ferragamo, Manolo Blahnik, Saint Laurent, Giuseppe Zanotti, Chloé and many more. The location will feature a vast collection of designer menswear, a grand designer handbag selection, and numerous beauty and cosmetics offerings. The store will also house a full-service Fifth Avenue Club for personal shopping and a Sophie’s restaurant, the first fine dining experience offered inside a luxury retail store in San Juan. Created by the Saks Fifth Avenue design team in partnership with design firm Jensen and Goldstein, the new property will feature breathtaking architectural detail and elements of surprise. The hallmarks are an eclectic mix of furniture, decorative lighting and accessories, as well as innovative materials and finishes. Enticing exterior features will include an oversized canopied valet area, a reflecting pool water installation, and a custom brise-soleil screen. The interior will showcase hand-blown glass chandeliers, and custom full-height transition screens and mirrors made of luxurious metals and specialty glass. On March 26, Marigay McKee, President of Saks Fifth Avenue, and iconic designer Diane von Furstenberg will formally reveal the new store to the public with a ribbon cutting ceremony at 9 AM.

Saks Fifth Avenue to Open New Store in Boca Raton, Florida

Saks Fifth Avenue has announced that it will open a new store in Boca Raton, Florida. The new store is set to open in March 2015 and will boast close to 1,000 brands, including some of the biggest names in fashion. The new Saks Fifth Avenue OFF 5TH will reside in Somerset Shops at 8903 N. Glades Rd., Boca Raton, FL 33434.

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