Business Information
The group's principal activity is the operation of traditional and luxury department stores through subsidiaries. The two segments of the group are: saks department store group (sdsg) and saks fifth avenue enterprises (sfae). The sdsg offers fashion apparel, shoes, accessories, jewellery, cosmetics, decorative home furnishings and furniture. It consists of 239 stores in 24 states under different names like parisian, proffitt's, mcrae's, younkers, herberger's, carson pirie scott, bergner's and Boston store. The sfae segment offers a wide assortment of distinctive luxury fashion apparel, shoes, accessories, jewellery, cosmetics and gifts. It consists of 62 luxury stores in 26 states and off 5th saks fifth avenue outlets (54 stores in 23 states). The major trademarks of the group include saks fifth avenue, sfa, s5a, the fifth avenue club and off 5th. On 06-May-2003, the group acquired club libby lu, operator of eleven specialty stores targeting pre-teen girls.
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Name |
Title
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Email
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Brad Martin | Chmn. | N/A | Ronald De Waal | Vice Chmn. | N/A | James Coggin | Pres., Chief Administrative Officer | N/A | Marc Metrick | Group Sr. VP, Chief Strategy Officer | N/A | Ronald Frasch | Pres., Chief Merchandising Officer | N/A |
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Year |
Sales |
Net Income |
2007 | 2,940,003 | 53,742 | 2005 | 6,437,277 | 61,085 | 2006 | 5,953,352 | 22,348
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