Saks Fifth Avenue Corporate Office AddressSaks Fifth Avenue
12 E 49th St Fl 2
New York, NY 10017
Contact Saks Fifth AvenuePhone Number: (212) 753-4000
Fax Number: (212) 940-4299
Email: Email Saks Fifth Avenue
ExecutivesCEO: Richard A. Baker
CFO: Michael G. Culhane
COO: Donald W. Watros
Saks Fifth Avenue History
Andrew Saks founded Saks & Company in New York in 1867. The company was incorporated in 1902.
In 1923 Saks & Co. merged with Gimbel Brothers, Inc. In 1924 Horace Saks and Bernard Gimbel opened Saks Fifth Avenue in New York City.
When Bernard’s brother, Adam Gimbel, took over the company in 1926 the company began to expand nationally.
In 1973 Saks was acquired by BATUS Inc. Saks was sold again in 1990, this time to Investcorp S.A. Investcorp took the company public in 1996.
In 2013 the Hudson ‘s Bay Company (owners of competitor Lord & Taylor) announced it would acquire Saks Fifth Avenue’s parent company for $2.9 billion. The new owners are planning to expand Saks Fifth Avenue into Canada.