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Saks logo — The premier digital platform for luxury fashion

Saks

The premier digital platform for luxury fashion

Founded 2021 United States New York, United States 926 employees Private Equity Total: $965.00M Consumer Goods, E-Commerce +4

General Information

Company Name Saks
Founded Year 2021
Location United States New York, United States +1
Employees 926
Industries Consumer Goods, E-Commerce, Fashion +3
Funding Stage Private Equity
Social

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About Saks

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 (3)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
15 Apr 2024
Debt Financing •••••• 2
Investor Investor
12 May 2021
Private Equity Round •••••• 1
Investor
05 Mar 2021

Saks Alternatives & Competitors

Saks vs
Saks OFF 5TH
Saks OFF 5TH United States

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Love Happens Mag
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Saks vs
KRW Consulting and Event Production
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FAQ About Saks

The premier digital platform for luxury fashion
Saks was founded in 2021.
Saks is headquartered in New York, United States.
Saks operates in the following industries: Consumer Goods, E-Commerce, Fashion, Marketplaces, Platforms, Retail.
Saks has approximately 926 employees.
Saks has completed 3 funding rounds, raising a total of $965.00M. The latest funding stage is Private Equity.
Top alternatives and competitors to Saks include Saks OFF 5TH, Love Happens Mag, KRW Consulting and Event Production, Niiyaa, Mine & Yours. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Saks and Saks OFF 5TH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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