How much funding has Saks OFF 5TH raised?

Saks OFF 5TH has raised $700.0M in total funding, most recently a Growth Equity round.

Who are Saks OFF 5TH's investors?

Saks OFF 5TH's investors include Insight Partners.

When was Saks OFF 5TH founded?

Saks OFF 5TH was founded in 1990.

Where is Saks OFF 5TH headquartered?

Saks OFF 5TH is headquartered in New York, New York, United States.

What industry is Saks OFF 5TH in?

Saks OFF 5TH operates in E-Commerce, Fashion, Retail.

How many employees does Saks OFF 5TH have?

Saks OFF 5TH has 1001-5000 employees.

Saks OFF 5TH

The premier online luxury off-price destination

New York, United States · Founded 1990 · $700.0M raised

E-Commerce

Fashion

Retail

Headquarters: New York, New York
Employees: 1001–5000
Founded: 1990
Business Model: B2C

Website: saksoff5th.com
Total Funding: $700.0M
Last Round: $500.0M Growth EquityMar 2023
Rounds: 2

About

Saks OFF 5TH is the premier luxury off-price retail destination in North America, founded in 1990 as an outlet concept for Saks Fifth Avenue and formally launched as Saks Fifth Avenue OFF 5TH in 1995. The brand offers designer fashion from top luxury labels at significant discounts, making aspirational fashion accessible to a broader market. Operating both physical stores and a leading e-commerce platform, Saks OFF 5TH is now part of Saks Global's portfolio of luxury retail brands and real estate assets, alongside Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus. The company serves millions of customers seeking designer deals across apparel, accessories, shoes, and home goods from brands including Bottega Veneta, Valentino, and Vince.

Summary

Saks OFF 5TH is an E-Commerce company based in New York, United States, founded in 1990. It has raised $700.0M in total across 2 rounds, most recently a $500.0M Growth Equity round in Mar 2023. Investors include Insight Partners.

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