SAKS


Associated tags: Editorial, Saks Fifth Avenue, Beauty, Department store, Luxury, Fashion, Retail, Online Retail, Social media

Locations: NEW YORK CITY, EMMA, DENVER, CO, US, PARIS, MONTREAL, QC, CA, CHICAGO, ITALY, OHIO, WASHINGTON, BROOKLYN, AR, LUXEMBOURG, NEW YORK, UNITED STATES, NORTH AMERICA, NY, SAKS, FLORIDA

Saks Launches Mental Health Awareness Month Campaign Featuring Dr. Deepika Chopra

Retrieved on: 
Tuesday, April 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- This May, Saks, the premier luxury ecommerce platform, is celebrating Mental Health Awareness Month with a multifaceted campaign to highlight the importance of mental wellbeing and to raise funds for the Saks Fifth Avenue Foundation. Campaign components include a partnership with celebrated behavioral scientist and founder of Things Are Looking Up®️, Dr. Deepika Chopra, who is widely known as The Optimism Doctor®, as well as fundraising, employee events, and a local grant program to support nonprofit organizations working to provide direct access to mental health care in their communities.

Key Points: 
  • NEW YORK, April 30, 2024 /PRNewswire/ -- This May, Saks, the premier luxury ecommerce platform, is celebrating Mental Health Awareness Month with a multifaceted campaign to highlight the importance of mental wellbeing and to raise funds for the Saks Fifth Avenue Foundation.
  • "This Mental Health Awareness Month, we are proud to use our platform to inspire people everywhere to prioritize their mental wellbeing.
  • "Optimism is not just a mindset; it is a powerful tool for mental health," said Dr. Deepika Chopra.
  • To celebrate Mental Health Awareness Month, Saks will donate 10% of the purchase price from sales on Saks.com from April 30 to May 7 to support the Saks Fifth Avenue Foundation's mental health initiatives, with a maximum donation of $50,000.

Saks Launches Media Network Connecting Brand Partners with Luxury Shoppers, Enhancing Product Discovery

Retrieved on: 
Tuesday, April 23, 2024

Saks, a premier luxury ecommerce platform, has launched the Saks Media Network, a sophisticated, technology-driven program helping brands reach the luxury retailer’s customer base with digital advertising throughout the shopping journey.

Key Points: 
  • Saks, a premier luxury ecommerce platform, has launched the Saks Media Network, a sophisticated, technology-driven program helping brands reach the luxury retailer’s customer base with digital advertising throughout the shopping journey.
  • Saks joins this rapidly growing vertical in digital advertising, introducing one of the first retail media networks in luxury retail.
  • As the leading expert on the luxury consumer, Saks is broadening its capabilities to create an inspiring on-site experience for all luxury shoppers by optimizing the use of first-party data within the Saks Media Network.
  • Saks maintains deep relationships with high value luxury consumers at scale, and the launch of the Saks Media Network brings the opportunity to engage with this customer segment to a broader set of partners.

Saks Luxury Pulse Reveals Growing Economic Optimism Among Luxury Consumers

Retrieved on: 
Thursday, February 29, 2024

Saks, the premier luxury ecommerce platform, has unveiled insights from its latest Saks Luxury Pulse survey fielded in January, finding that luxury consumer optimism towards the economy and their personal finances is growing.

Key Points: 
  • Saks, the premier luxury ecommerce platform, has unveiled insights from its latest Saks Luxury Pulse survey fielded in January, finding that luxury consumer optimism towards the economy and their personal finances is growing.
  • The Saks Luxury Pulse also confirmed that luxury consumers find value in personalization and they are likely to engage in activities that will enhance their shopping experience by making it more individualized.
  • With these insights into luxury consumers' sentiments towards the economy, personal finances and luxury spending, as well as key components of the luxury shopping experience, such as personalization, Saks continues to leverage the Saks Luxury Pulse to uphold its position as the leading expert on the luxury consumer.
  • Emily Essner, Chief Marketing Officer, Saks, added, “Our mission to understand the luxury consumer through the Saks Luxury Pulse is closely tied to our personalization strategy.

Saks Announces First-Ever Electric Vehicle Partnership with Lucid

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Saks, the premier luxury ecommerce platform, and Lucid, the luxury electric vehicle company, have launched a multifaceted partnership across the Saks Fifth Avenue ecosystem.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Saks, the premier luxury ecommerce platform, and Lucid, the luxury electric vehicle company, have launched a multifaceted partnership across the Saks Fifth Avenue ecosystem.
  • Through this unprecedented partnership, which marks Saks' first-ever collaboration with an electric vehicle company, Saks will offer exclusive demo drive experiences of Lucid's award-winning car, the Lucid Air, at select Saks Fifth Avenue store locations.
  • "We're committed to utilizing the entirety of the Saks Fifth Avenue ecosystem to introduce our customers to the best in luxury," said Marc Metrick, CEO of Saks.
  • "Our partnership with Saks, a longtime authority in the luxury space, blends our technology and design excellence with high-end retail in an incredible collaboration," said Peter Rawlinson, CEO/CTO of Lucid.

Saks CEO Marc Metrick to Speak at NRF 2024: Retail’s Big Show

Retrieved on: 
Thursday, January 11, 2024

Marc Metrick, Chief Executive Officer of Saks, the premier luxury ecommerce platform, will be participating in a keynote session at NRF 2024: Retail’s Big Show.

Key Points: 
  • Marc Metrick, Chief Executive Officer of Saks, the premier luxury ecommerce platform, will be participating in a keynote session at NRF 2024: Retail’s Big Show.
  • Metrick will join CNBC Senior Retail Reporter Courtney Reagan for a conversation on the evolution of the luxury ecommerce experience.
  • The keynote session, titled, “ The evolution of the luxury experience: A Conversation with Saks CEO Marc Metrick ,” will take place on Tuesday, January 16 from 9:00-9:30 a.m.
  • Leveraging his deep understanding of the luxury consumer, Metrick will share key insights into serving the full continuum of luxury consumers and Saks’ strategy, including its efforts to build meaningful and lasting customer relationships.

Saks CEO Marc Metrick to Speak at 2024 ICR Conference

Retrieved on: 
Monday, January 8, 2024

Saks Chief Executive Officer Marc Metrick is presenting at the annual ICR Conference in a fireside chat with Joseph Teklits, Managing Partner at ICR.

Key Points: 
  • Saks Chief Executive Officer Marc Metrick is presenting at the annual ICR Conference in a fireside chat with Joseph Teklits, Managing Partner at ICR.
  • The conversation will focus on Saks’ strategy as a luxury ecommerce platform with an exclusive partnership with the Saks Fifth Avenue stores, a wholly owned subsidiary of HBC.
  • Drawing on his deep experience in luxury retail, Metrick will provide insight into how Saks continues to solidify its position as a leading luxury ecommerce platform, the company’s strategic priorities and takeaways from the 2023 holiday shopping season.
  • Additionally, he will share his expert perspective on the wider luxury retail industry and his outlook on 2024.

Luxury Consumers Are Ready to Shop for the Holidays Amid Macroeconomic Uncertainty

Retrieved on: 
Thursday, November 16, 2023

This holiday season, luxury consumers plan to shop later – with a 10 percentage point increase in those beginning their shopping after Thanksgiving compared to last year.

Key Points: 
  • This holiday season, luxury consumers plan to shop later – with a 10 percentage point increase in those beginning their shopping after Thanksgiving compared to last year.
  • For gift-giving, luxury consumers plan to allocate 46% of their luxury holiday spending on themselves and 54% on presents for others.
  • At Saks, we benefit when luxury consumers go out to parties and events, especially as they’ve indicated that they plan to buy luxury fashion for these occasions.
  • This indicates luxury consumers’ willingness to purchase the luxury items they want ahead of the holidays rather than trading down for items on sale.

Saks and Dior Debut "Dior's Carousel of Dreams at Saks"

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Saks and Dior have partnered to launch an exceptional campaign titled Dior's Carousel of Dreams at Saks, marking the first time Saks has collaborated with a luxury fashion house for its annual holiday initiative.

Key Points: 
  • NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Saks and Dior have partnered to launch an exceptional campaign titled Dior's Carousel of Dreams at Saks, marking the first time Saks has collaborated with a luxury fashion house for its annual holiday initiative.
  • We look forward to welcoming our customers to the magical World of Dior across the Saks Fifth Avenue ecosystem this holiday season."
  • The Dior pop-up on Saks.com features a rich assortment of Dior collections, including women's and men's ready-to-wear, shoes, leather goods, accessories, Dior Maison, Baby Dior and La Collection Privée Christian Dior.
  • Dior's Carousel of Dreams at Saks comes to life on the store's legendary facade with the most ambitious installation in Saks Fifth Avenue history.

Saks Launches Branded Merchandise Collection in Celebration of World Mental Health Day, With a Portion of the Proceeds Supporting the Saks Fifth Avenue Foundation

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- On Tuesday, October 10, Saks celebrated World Mental Health Day with the launch of its Saks Fifth Avenue-branded merchandise collection. For the first time ever, Saks will donate at least 50% of the purchase price from each item in its branded merchandise collection to the Saks Fifth Avenue Foundation, accelerating the Foundation's mission to make mental health a priority in every community through awareness and education, improved access to care, and strengthened attitudes, behaviors and relationships that build the foundation for mental health. Saks also announced the winners of the Foundation's second annual grant program supporting local mental health nonprofits.

Key Points: 
  • NEW YORK, Oct. 11, 2023 /PRNewswire/ -- On Tuesday, October 10, Saks celebrated World Mental Health Day with the launch of its Saks Fifth Avenue-branded merchandise collection.
  • Saks also announced the winners of the Foundation's second annual grant program supporting local mental health nonprofits.
  • "The need for access to high quality mental health care and resources in our country's most vulnerable communities is increasingly evident," said Marc Metrick, CEO of Saks and Vice President of the Saks Fifth Avenue Foundation Board.
  • The Saks Fifth Avenue-branded merchandise collection includes wool and cashmere hats, gloves and blankets, 100% cotton tees, fleece-lined hoodies, and sleepwear - all made in Italy and featuring the iconic Saks Fifth Avenue logo.

Saks Luxury Pulse: Luxury Consumers Indicate Early Signs of Spending Rebound

Retrieved on: 
Monday, September 18, 2023

Saks, the premier digital platform for luxury fashion, has unveiled insights from its latest Saks Luxury Pulse survey fielded in late July, finding that 58% of luxury consumers plan to spend the same or more on luxury in the next three months.

Key Points: 
  • Saks, the premier digital platform for luxury fashion, has unveiled insights from its latest Saks Luxury Pulse survey fielded in late July, finding that 58% of luxury consumers plan to spend the same or more on luxury in the next three months.
  • This is an increase from 53% in the prior Saks Luxury Pulse fielded in late April, and represents the first increase in luxury spending plans since the survey began tracking this in May 2022.
  • As macroeconomic headwinds persist, luxury consumers are optimistic (68%) about their personal financial situation, yet concerned (55%) about the overall economy.
  • Emily Essner, Chief Marketing Officer, Saks, added, “At Saks, we are committed to inspiring customers to express themselves through fashion.