Details

Last Funding Type

Debt Financing

Last Funding Money Raised

$465M

Industries

Consumer Goods,E-Commerce,E-Commerce Platforms,Fashion,Marketplace,Retail

Founded date

Jan 1, 2021

Number Of Employee

10001 - max

Operating Status

Active

Saks is an e-commerce company that aims to expand its customer base in the growing online luxury fashion market. The team's fashion expertise combined with a renewed digital focus will provide customers with an unmatched shopping experience. It was established by Saks Fifth Avenue's e-commerce business as a standalone entity.

The company makes strategic investments to evolve and expand its online experience. These investments will bolster Saks’ already well-established digital business, starting with strengthening its service model through elevated styling capabilities and data-driven personalization. Ultimately, Saks will feature a hybrid retail and marketplace platform, expanding its assortment while maintaining a curated experience.