Saks Off Fifth, formerly Saks Fifth Avenue Off 5th, was established in 1990 as an American off-price department store, a sister brand to the luxury retailer Saks Fifth Avenue. Headquartered in New York City, it historically operated numerous stores across the United States and Canada, offering high-end designer clothing, footwear, handbags, and accessories for women, men, and children at significantly discounted prices, typically 40-70% off original retail. The brand targeted fashion-conscious consumers, including Millennials and Gen Z, seeking accessible luxury and the ability to curate their own style. However, as of January 2026, its parent company, Saks Global, announced the winding down of most physical Saks Off Fifth locations and all e-commerce operations, with remaining stores transitioning to sell residual inventory from other luxury brands.
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