Saks Fifth Avene
The luxury American department store Saks Fifth Avenue is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. The company’s headquarters and the company-designated flagship store are in New York City and was founded by Andrew Saks in 1867. Saks competes in the high-end specialty store market with Barneys New York, Bergdorf Goodman, Neiman-Marcus and Bloomingdales.
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