or 15% of so of Saks’ total sales. “The Saks brand is only going to be as strong as that Fifth Avenue store,” says Scotiabank’s Baker. And Saks doesn’t want its so-called “branches ...

and Saks Fifth Avenue, we have created an unparalleled multi-brand luxury portfolio with tremendous growth potential." Saks Global will have about $10 billion in annual sales. For comparison ...