Here’s Saks Fifth Avenue History and Ownership (1867-2024)

The premier luxury department store chain, Saks Fifth Avenue, continues to inspire fashion enthusiasts worldwide. Known for luxurious shopping experiences and high-end fashion, it boasts a

Saks Fifth Avenue History and Ownership
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Here’s Saks Fifth Avenue History and Ownership (1867-2024)

Credit: Saks

The premier luxury department store chain, Saks Fifth Avenue, continues to inspire fashion enthusiasts worldwide. Known for luxurious shopping experiences and high-end fashion, it boasts a storied history stretching over a century. What started as a small family-run business in the heart of Washington, D.C., quickly became a celebrated fashion destination in New York City’s Herald Square before making its iconic mark on Fifth Avenue.

As of 2024, Saks Fifth Avenue carries an extensive array of exclusive brands and designer labels. The high-end retailer showcases top designers, including Aknvas, Akris, Akris punto, Alaïa, Alala, Alberta Ferretti, Alberto Audenino, and Alberto Milani. Here’s a detailed look at its historical milestones and ownership changes.

Early Beginnings

1867: Andrew Saks, the father of Horace Saks, opened his first store in the F Street shopping district of Washington, D.C. This store would form the foundation for the Saks brand. 1902: The Saks family opened…

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