Saks

The premier digital platform for luxury fashion

General Information
Company Name
Saks
Founded Year
2021
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
926
Industries
Consumer Goods, E-Commerce, Fashion +3
Funding Stage
Private Equity
Social Media

Saks - Company Profile

Saks Fifth Avenue is a renowned luxury retail firm founded in 1924 and headquartered in the United States. The company prides itself on being a leading shopping destination for an all-channel luxury experience. Saks is known for its iconic role in the luxury retail game, marked by world-famous window displays, impactful in-store art exhibitions, and curated designer collections, as well as a seamless online shopping experience. The company's commitment to people and innovation is evident in its cutting-edge approach to high-end fashion, aiming to bring a new luxury experience to customers globally. Saks not only focuses on surprising and delighting shoppers but also emphasizes the growth and support of its team members. Additionally, it harnesses its platform to create positive change and advocate for causes. Saks Fifth Avenue secured a Private Equity Round investment on 15 April 2024, with the prestigious Story3 Capital Partners as the investors. With its strong position in the Consumer Goods, E-Commerce, Fashion, and Retail industries, Saks continues to be an influential player in the luxury retail landscape and a potential investment opportunity for venture capitalists. Interested investors should keep an eye on this company for potential future involvement.

Taxonomy: luxury retail, digital fashion, online shopping, luxury market, fashion expertise, styling capabilities, data-driven personalization, curated designer collections, high-end fashion, icon of style and innovation, omnichannel experience, strategic investments, Saks Fifth Avenue, fashion marketplace

Funding Rounds & Investors of Saks (3)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round Unknown 1 15 Apr 2024
Debt Financing $465.00M 2 12 May 2021
Private Equity Round $500.00M 1 05 Mar 2021

Latest News of Saks

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No recent news or press coverage available for Saks.

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