Saks Fifth Avenue OFF 5TH To Open Store in Orlando, Florida
October 01 2013 - 8:00AM
Business Wire
Saks Incorporated’s Saks Fifth Avenue OFF 5TH (NYSE:SKS)
announced today that it plans to open a second store in Orlando,
Florida on Thursday, October 3, 2013. The new 26,000 square-foot
store is located in Orlando Premium Outlets - Vineland Avenue. The
new location will be at The Promenade and will be designed after
Saks OFF 5TH’s ‘luxury in a loft’ concept. The boutique-style store
will hold over 800 world-renowned luxury designer labels at an
exceptional value, including the latest trends in sportswear,
footwear, accessories and fine jewelry.
“The very first luxury-in-a-loft Saks OFF 5TH store was launched
in Orlando, therefore we are very excited to return and offer
another sophisticated boutique-style store to the community. We
want to give our customers unlimited access to Saks OFF 5TH’s
compelling brand portfolio at extraordinary and obtainable prices,”
stated Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH.
“The team is committed to bringing our customers a luxury shopping
experience through state-of-the-art service and environment, and
Simon Property Group has been a great partner to us in achieving
this.”
The design of the store is intended to maximize efficiency and
flexibility, enabling easy changes in the general layout. The store
will be bright, uncluttered, with no hard aisles and one consistent
hard-surface floor throughout. All fixtures will be on casters,
ensuring ease in movement, and all hardware will be interchangeable
between fixtures. Shoppers will be able to find products with ease
and enjoy a deluxe environment.
Women will find both designer and contemporary merchandise from
brands such as Free People, French Connection, Diane von
Furstenberg, James Perse, C&C, Splendid, BCBGMaxAzria, Rock
Revival and Vigoss, to name a few. A large selection of women’s
shoes from designers such as Stuart Weitzman, Coach, Ivanka Trump,
Kate Spade, Cole Haan, Vince Camuto, Sam Edelman, DV by Dolce Vita
and Donald J. Pliner will also be available to shoppers. Men will
find great designs by brands such as Affliction, Members Only,
Vince, Marc by Marc Jacobs, Robert Graham, Seven for All Mankind,
Joe’s Jeans and True Religion, and more. Additionally, the store
will carry a lavish assortment of jewelry and watches from
designers such as Roberto Coin, Ippolita, Charriol, Judith Ripka,
John Hardy, Slane, Stephen Webster, Saks Fifth Avenue, Bavna, Heidi
Daus, Belargo, Stephen Dweck, Adriana Orsini, and Michele.
In celebration of the store’s opening, Saks OFF 5TH and Simon
Property Group will host a private reception on Wednesday, October
2nd for industry leaders. For opening weekend, shoppers will enjoy
additional savings on stylish fall merchandise, and get the chance
to register for the MORE! free membership program and enter for a
chance to win a $50 gift card (2 winners per day) all weekend long.
Branded canvas totes will be distributed as gift with purchases to
customers, and guests can visit the snack bar or MORE! table for
loyalty discounts. Additionally, there will be a DJ booth on Friday
and Saturday as well as a grand opening sweepstakes for a chance to
win a $1000 shopping spree.
About Saks Incorporated and Saks Fifth
Avenue OFF 5TH
Saks Incorporated currently operates 41 Saks Fifth Avenue
stores, 70 Saks Fifth Avenue OFF 5TH stores, and saks.com.
Saks Fifth Avenue OFF 5TH is a world-class, full-service
destination for value-priced clothes and accessories for men,
women, children and the home. The retailer’s 70 nationwide stores
and online store, saksoff5th.com, combine the two great joys of
shopping: the delight of discovering the very best and the thrill
of the deal. A carefully curated off-priced shopping experience, we
feature highly coveted designers alongside exclusive Saks brands
you won’t find anywhere else, all in a luxury-in-a-loft
environment. Saks Fifth Avenue OFF 5TH simply offers more style,
more savings and more service than any other value retailer.
About Simon Property
Group
Simon Property Group, Inc. (NYSE: SPG) is an S&P 100 company
and a global leader in the retail real estate industry. The Company
currently owns or has an interest in more than 325 retail real
estate properties in North America and Asia comprising
approximately 241 million square feet. We are headquartered in
Indianapolis, Indiana and employ approximately 5,500 people in the
U.S. For more information, visit the Simon Property Group website
at www.simon.com.
About Premium Outlets
Simon’s Premium Outlets® portfolio features 81 Premium Outlet
Centers® including 65 in the United States, one in Puerto Rico,
nine in Japan, three in South Korea, and one each in Canada,
Malaysia and Mexico. Premium Outlet Centers in the United States
are located primarily in or near major metropolitan markets such as
New York, Los Angeles, Boston and Chicago and visitor markets such
as Orlando, Las Vegas and Palm Springs. Premium Outlets properties
are distinguished by their unparalleled mix of leading designers
and name brands selling direct to consumers at significant savings
with each being an architecturally distinct village setting with
charm and ambiance.
Saks Fifth Avenue OFF 5THJenny Dong, 212-451-1931PR
SpecialistJenny_Dong@s5a.comorMolly Ellingson, 212-320-4719Director
MarketingMolly_Ellingson@s5a.comorJulia Bentley, 865-981-6243SVP
Investor RelationsJulia_Bentley@saksinc.com
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