Saks news and archive

Jacquemus and Saks launch an exclusive capsule collection

Parisian fashion brand Jacquemus has teamed up with luxury retailer Saks to launch a limited-edition ‘Été’ capsule collection for spring/summer 2023. The Jacquemus ‘Été’ capsule is an ode to the French Riviera and features women’s and men’s ready-to-wear, handbags and hats in exclusive colourways for Saks, including canary yellow and natural...

Business

New York Fashion Tech Lab signs new partnerships with Saks, Selfridges and TJX

The New York Fashion Tech Lab (NYFTLab), a program for women-led fashion and retail technology companies, unveils its tenth cohort with the participation of new B2B retail tech startups and new partners such as Saks, Selfridges, TJX. Wolverine World Wide, Inc. joins the ranks of the existing collaborators Burberry, Levi Strauss & Co., LVMH,...

Business

Customers sustain interest in luxury according to Saks Luxury Pulse

Despite the increasing uncertainty surrounding the macroeconomic environment, it appears that consumer interest in luxury has not been depleted. According to a new survey conducted by Saks, entitled ‘Saks Luxury Pulse’, luxury consumers were even found to be planning to continue their spending over the next three months, with the majority of...

Business

CFDA members and Saks exec join consultancy The Fashioneering Lab

Consultancy and think tank The Fashioneering Lab (TFL) has announced several new additions to its Executives in Residence (EIR) team, as well as the launch date of its TFL Community. The organisation offers B2B merchandising and strategic advice to fashion designers, brands and retailers. In a release, it named eight new EIR members, including...

Retail |In Pictures Featured

Christmas windows from around the world

With Christmas fast approaching, FashionUnited has rounded up the best of this year’s festive window displays at iconic department stores across the world, from Selfridges in London to Printemps in Paris and Saks in New York. Selfridges, London Selfridges have transformed 15 windows at its Oxford Street, London store into a must-see festive...

Retail

US luxury shoppers to spend the same or more this holiday season

A new survey has revealed that 76 percent of US luxury consumers plan to spend the same or more during the holidays, down only slightly from 79 percent last year, despite the ongoing challenging economic conditions. The latest Saks Luxury Pulse survey, from luxury retailer Saks, found that 65 percent of consumers are ready to shop for the...

Fashion |Beauty

Saks launches beauty recycling initiative with TerraCycle

Saks is teaming up with international recycling leader TerraCycle to launch its Saks Beauty Recycling programme to give empty beauty containers a second life. The initiative, running through Saks.com and Saks Fifth Avenue stores across the US, will enable customers to recycle empty hair care, skincare and cosmetic packaging from all brands. The...

Fashion

Barneys New York reincarnates as a beauty brand

Barneys New York has been reincarnated as a beauty brand. Parent company Authentic Brands Group (ABG) partnered with Korean-based lifestyle company Gloent Group to launch a line of skincare. Fragrance, hair and body care, cosmetics and wellness are expected to expand the range categories. The beauty range will launch in October at new website...

Business

Saks upsizes financing to support growth

US luxury e-commerce platform Saks has upsized its existing asset-based revolving credit facility to support its growth. The facility, arranged by Bank of America NA, has been increased from 350 million dollars to 450 million dollars. Additionally, the retailer has upsized its senior secured term loan facility from 115 million dollars to 175...

Business

Saks appoints DEI exec

Luxury e-commerce platform Saks has announced it has appointed Alicia Williams as vice president, diversity, equity and inclusion (DEI), effective immediately. As part of the ESG team, led by Cara Chacon, Williams will be responsible for boosting Saks’ DEI efforts and commitments across the company while formulating its future strategy. Williams...

Fashion Featured

Saks names ‘The New Wave’ emerging designers

Saks has launched the second year of its emerging designer accelerator programme, ‘The New Wave,’ featuring eight new brands including Claude Kameni, Keeyahri, Ludovic de Saint Sernin, Nalebe, Sunni Sunni, Undra Celeste, Who Decides War, and Zeynap Arcay. The accelerator programme was launched last year to develop and support high-potential...

People

Saks appoints first senior vice president of ESG

Luxury e-commerce platform Saks has tapped Cara Chacon as its first senior vice president of environmental, social, and governance (ESG). Chacon has more than two decades of experience in corporate social responsibility and environmental sustainability across multiple industries. She served as vice president of social and environmental...