Saks Fifth Avenue - About the company
Saks Fifth Avenue is an acquired company based in New York City (United States), founded in 1867. It operates as an Online retailer of apparel, accessories, beauty products, and home goods. Saks Fifth Avenue has raised $500M in funding from Insight Partners, with last known valuation of $*****. The company has 311 active competitors, including 4 funded and 12 that have exited. Its top competitors include companies like Staples, FabFitfun and Grove.
Company Details
Online retailer of apparel, accessories, beauty products, and home goods. It provides a curated selection of designer fashion and related merchandise. The business offers various departments, including women’s, men’s, kids, and home. It also provides services such as gift cards, style advice, and alterations.
- Website
- www.saksfifthavenue.com/
- Email ID
- *****@saks.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1867
Location
New York City, United States
Stage
Acquired
Total Funding
$500M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 05, 2021
Investors
Ranked
5th among 311 active competitors
Exit Details
Acquired by Investcorp (Apr 25, 1990)
Saks Fifth Avenue's acquisition details
Saks Fifth Avenue got acquired by Investcorp on Apr 25, 1990 at an acquisition amount of $*****.
Click here to take a look at Saks Fifth Avenue's acquisition in detail
Sign up to download Saks Fifth Avenue's company profile
Saks Fifth Avenue's funding and investors
Saks Fifth Avenue has raised a total funding of $500M over 5 rounds. Its first funding round was on Jul 2017. Its latest funding round was a PE round on Apr 15, 2024 for $*****. 1 investor participated in its latest round. Saks Fifth Avenue has 7 institutional investors.
Here is the list of recent funding rounds of Saks Fifth Avenue:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2024 | 8949021 | PE | 3869780 | 3472406 | 9526429 | 6603868 |
Aug 18, 2022 | 6767407 | Conventional Debt | 8073595 | 2173620 | 9749846 | |
May 12, 2021 | 7555953 | Conventional Debt | 9107300 | 3686488 | 8027020 |
View details of Saks Fifth Avenue's funding rounds and investors
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Saks Fifth Avenue's Competitors and alternates
Top competitors of Saks Fifth Avenue include Staples, FabFitfun and Grove. Here is the list of Top 10 competitors of Saks Fifth Avenue, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Staples 1986, Framingham (United States), Acquired | Online retailer of office supplies, technology, print services, and furniture | - | 73/100 | |
2nd | FabFitfun 2010, Beverly Hills (United States), Series A | Online retailer offering subscription-based multi-category products | $94.6M | 71/100 | |
3rd | Grove 2012, San Francisco (United States), Public | Online subscription-based platform providing cleaning products and beauty products | $527M | 69/100 | |
4th | Italic 2018, Walnut (United States), Series B | Online membership-based marketplace platform offering multi-category products | $86.9M | 67/100 | |
5th | Saks Fifth Avenue 1867, New York City (United States), Acquired | Online retailer of apparel, accessories, beauty products, and home goods | $500M | 65/100 | |
6th | Bespoke Post 2011, New York City (United States), Series B | Lifestyle subscription club for men. | $48.9M | 61/100 | |
7th | Cratejoy 2013, Austin (United States), Series A | Online marketplace offering subscription-based boxes | $6.2M | 44/100 | |
8th | Silhouette 1982, United States, Unfunded | Online retailer of eyewear, providing optical frames and sunglasses | - | - | 39/100 |
9th | Click Commerce 1996, Hillsboro (United States), Acquired | Online retailer of products ensuring customer satisfaction through quality and service | - | 34/100 | |
10th | calmbox 2015, Seattle (United States), Unfunded | Retailer of monthly subscription boxes containing curated wellness and relaxation | - | - | 29/100 |
Looking for more details on Saks Fifth Avenue's competitors? Click here to see the top ones
Saks Fifth Avenue's Investments and acquisitions
Saks Fifth Avenue has made no investments or acquisitions yet.
Reports related to Saks Fifth Avenue
Here is the latest report on Saks Fifth Avenue's sector:
News related to Saks Fifth Avenue
Media has covered Saks Fifth Avenue for a total of 44 events in the last 1 year, 22 of them have been about company updates and 2 about people movement.
•
•
Saks Fifth Avenue to close two of three standalone Greenwich storesHartford Business Journal•May 14, 2026•Saks Fifth Avenue
•
Saks Global secures $500 million funding to emerge from bankruptcyCpp Luxury•Apr 27, 2026•Saks Fifth Avenue
•
Saks Fifth Avenue Closing Raleigh Store in MayBusiness North Carolina•Mar 10, 2026•Business North Carolina, Saks Fifth Avenue, Neiman Marcus
•
US luxury department store Saks retires as CEO, expects to file for bankruptcy soonThe Wall Street Journal•Mar 09, 2026•Saks Fifth Avenue
•
•
Saks Global Pledges $600 Million to Vendors After Court WinPYMNTS.com•Feb 21, 2026•Saks Fifth Avenue
•
Saks Fifth Avenue to Reduce Store Count to 25 Amid Bankruptcy RestructuringCommercial Observer•Feb 11, 2026•Saks Fifth Avenue
•
Are you a Founder ?
FAQs about Saks Fifth Avenue
Explore our recently published companies
- Himsons - Vadodara based, 1988 founded, Unfunded company
- Com2uS Platform Corp - Unfunded company
- Just Print - Unfunded company
