Saks Closes Two More Stores & Reports 2Q Loss

Saks Incorporated announced that it will be closing its Saks Fifth Avenue Store in The Shops at Willow Bend in Plano, Texas on August 21, 2010 and its Saks Fifth Avenue store in the Mission Viejo Mall in Mission Viejo, California on October 23, 2010.
Continue reading Saks Closes Two More Stores & Reports 2Q Loss

Saks Fifth Avenue Caters To Mens Accessories

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Saks Fifth Avenue has been more accommodating to its male customers these past couple of months by offering more men’s accessories to its department stores. Saks has taken the initiative and has dedicated three new shops to men’s accessories, the boutiques opened last month in Beverly Hills, Las Vegas, and Tysons Corner,VA. The retailer has already seen a positive impact on sales.

“It’s been a real home run for the business,” said Tom Ott, Saks’ senior vice president and general merchandise manager for men’s.

The largest shop is at 2,000 square feet at the company’s men’s store in Beverly Hills which opened on Nov 5.

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Saks Feeds The Demand For It’s Online Men’s Department

Saks Fifth Avenue has expanded it’s inventory on it’s online store specifically in it’s men’s department. The company has “seen tremendous growth,” the company said. To keep up with the demand Saks has added new apparel, footwear, and accessories by a variety of designers from Versace, Prada, Tommy Bahama, and Polo Ralph Lauren.

The men’s side of the site features high-end pieces from “premier designers,” which include Armani, Brioni, Dior Homme, and others. The Denim Shop has also been upgraded, highlighted designers such as Antik Denim, Rock & Republic, and Taverniti So Jeans.

Saks is also looking to release exclusive items to it’s website. Saks.com increased it’s stock of plenty of tailored pants and jackets, dress shirts and polos and T’s from Wet Cement, Hugo Boss and Lacoste, among others. Accessories aren’t left out either, Gucci luggage, D&G Dolce & Gabanna hats, and Burberry watches have all been added to the revamped Men’s Store collection.

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