Retail
March 7, 2023
Emily Essner, chief marketing officer at Saks Fifth Avenue. Image credit: Saks Fifth Avenue
By Amirah Keaton
U.S. department store chain Saks Fifth Avenue is sharing a number of important retail insights regarding the current luxury landscape.
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hzaUuSBeBpOu7WKFXGROqmpn1MdKrUIUcbx32dpgnAfSW\/8wnkqUuIHO1UNOOa5DE8EOFbN3NVMYbkkMdkZBSqyp92BcDm1inlnq8Aqj+\/D8AznQRI\/gTOcnFqKdBUlQTCmxAcylzBtj9AyXfk66ndRGHcAct+bJ4t23OmfMv9L5XsJUjvnxSpeHDAhw35TeWtVN+\/ZwJDB9DlOqjP7gR06P8U9Wu4wzoAxh1CseD+0UCdgcxLuTpSs88EaUntbPMc8P5SQtUYv2M0ibSMegRB+8dA1+mWQXnCV7Gd5r8YGWyJ0\/aA\/bsTtU4RGfx3PsgUYvamspfBu0hRCkU66xBLXrQbacxAmsQQTw3OrZBHrSzfufvsuH3Pdtaa0IZQ\/49piqDOU3CSS9\/yeFyPI1NwWO2VLyDj7zg3GsVWeZwTZk97A6MuKlBr3cH2hUR8EKj9L1QC\/uOr6xum83ST9zsSQDks27naifAzWxoXyn\/FSYa53UqsAPJ6+Z7PAR60209wBTP3LtQsBSnfxDB2z2IPV2RYXaB+0f5Zo6tuQlOf+Lgcr9w9d7U+6FJs7PzYe74dEwGg7LW+nEO3fMm7sBQ9bEThjrlCnnp90ADy42AXqaC+\/5\/Yno0SwQ00XejbWla9JqA7iFQrWVmIrU0o6\/agwyOh1bo4PeCYWqssx0fEY3NdwaEmOSdcCgEN\/bSYCCmbZKuuBT2dANEvMYXLx598u\/20A4+1UL7ohDZj\/8fi8dGZ1akIe8DqUYeIpUMpN\/53Ay9JTPkLm89helP+KnOj9eYdOJKKzlfED60d\/XVKvoLF\/n8K+Uob7RQox5\/no\/mhZ4xXdgeSoukwfnsaN7TkmVibyAGPOt4rbHrO6kmjiiR7znm9qLcGrSRyzjXO79Dw3tq4rr6K3e7qHPn\/RZPtSlndXU4SAUk0K\/9Kqnx9teVrA53iY0qSmikVNE93dCII+zSOe+CNwiO9fE3Og8hsXLZfEXerTlp8DN\/Mym5mORPWUKZeOZ25I1U2TX6llJP1kaqL8S6UaoK2U1GOBasGw8MHumxExpbeAVxdvFix\/Rrj64CtKLHonBX8lBbjIaFfoTGvPoVMrirINORJ7UjvCZ2w\/ByqFy4g1wGw+zReuPOQqqsVlraQI2V21coRk9JbnWqhKDMJrO5eujS4NAgkdPrfDbh0NtocNNAKjGDdNPnN1c04+GIpNujRy7+TkIu8Z+9BLsc6jh7BMeSX1PVzLCNgBWsuvPFJVFPDx0M5NA3GHaGADq9nG0\/9kk93\/JXYjRB2rcHd5YRRlsIemXtaGLo6fRc+4JcXMx+FkJKUFX\/MA2pXIOFg4DmqLyFdbVXNdvC+atYp9NtYXwHQ6dJ8EgEyPl+14si+lZHpY2s8l+Z7d2DRapNNfjt1\/mBAvAA0YU3O3F2YcHBduE1m0JNYVAEoEWki8MyI1sAhRz13hJ36FYicXt1WB\/0nwGD05CkYH\/Hx\/3GIMZFZJbmol\/+28woDrVNw+wSyCcH2TBkYKC1ApbCjGglsH8l7eD+odWDwEHAAwqS+yrRu0W9lknJo7YtIPO8EFdQunuLPXtBCRgshNgbc555MN02E+2z\/4QEzMsDAT5yMP6vF2BX7JMPIRoj2KV411wR2F3MuUHW9YEyfRUYTbe1XEBUY8vhXZy2cdfrgfRRkJOoh3Bmo5KrkbXegbuZPPNRpidGWaz1fgBFoO5v6unDmyHJy+wOUR1lCX7tnogc4wMR7eBdYlcHFid\/Fd78wCKEEZSmFpgMkoCdWskJh526mHoOStaH5Xscm9fjQArwduTE5XvEK1LKxO5rYdwJGwpRE8jWd0zofg9WkaqDOdzV0fkhQV8xmkGZkzD7CCkAUiYdT4gP1XNg4vjtnXDqGhNYIiryY1fzP2NpMNAoFKD1l9BccpJi4J9ZhLTEGuPValq4BM1ddav0U\/RDOAS6xdNzd1zv9roJwaR+wPi4EeSK2Kip2GSOWSfRxLQcjzTa8uMv89BoM9PKbHylWkNaBlv12lh70LY3PzqBLIjlCuZ3qrEJvHsHrfQHHBpSw3lqq39xXsdaGAzcVRF275w\/Po\/di0Oi4gseaFDHZ9A4kzWBFp3QjAsXPJvFouB2\/62ZfjSWsZnnTeKPgMiuaJLlMxkLvnmgMxPIzLCXXd2KCWhNsSq35STYtSliFLAshg0CfK66WJ+hBi89juLYGI1plfRl\/5KOKIfP0k5GuLAspFlG\/KNQ2EiAIiEvjQm9lKLEjyOVaq+uq3qRvgu8rUEWmUx3WoxBmPDJvRb\/tAGzz9ihDm80WQRQ3FD3TLDqkXBORN5UMTtmm2LAJ5yOkDrEEzQ96qyXVmOZvVqMsn9dWh3IyD8m6cYGcFGGty+wxQm7AUr\/GI4V8uaxFPcLtLjPUUlD5E0SipyNrQP5JwSn0xdC4cFtniMHAf7GKQ\/6jW8HsC0II5yuxvcZM64vSBNUBx8lUlncxSWs3nLbQtIuDgsghLlGNLArjt\/e2TuubcHj9qHqRJgjIk64oahuyVwsGRj2T6A30XoLj1Eg08UNvbXRTzyNtdhlfLzmpdW\/BEDSuZTosMDPtrMZ3TIoZbVjY7Nql+fknuAETqEuA1ipdKiKx8zXCdBH9W4XB1D4yadJUGizI7Uo6TdwrZvOn1s5jFUhMl87Ny9w1O+CBXizhLjjodHBVnQR4ROkUhAR7UFwcEF\/IhY30izlBIknxf8ASvKQA7W4KatbdoexRin34vTsOZpjxaQe7\/pRKZKpxjVg\/XoD6JtGQ4yl4BXHiLFNOaVrYQaBJ7mrTLOuvMsa5pdQrsV58iEC+jzkL6ONm0FS+ogJNAK5nQygKLnD8ZdjGPIX7WUk6nNtULAK36qLxhpyo4nTonhDEiurvwM1XJc\/vD9ggSU3xUD9VMPzy953fr2S5iUPMTqOE\/YY9eXCzPumLSTG81mAI0laOTuRmOeLtnr\/PFrsZ3JtNdtbU+Z8KtkV7wJUv4lAAWUTxiRsQA9I6tcpSGS+gWvbVhNtrr42sNJjhQAIBeF6J\/zeQrsxIdpO8BcSUgb0O6saI0G9AZUjZ5LPQzfBDElv\/xfy29fkEbVpTaeJFvJuS\/HhlnWNLRSTP\/mmbabLDWdpy\/kz8BTcu9wom4Ph5ZD75CIi28FIT3b0Mo\/qjN0R\/fzhdcRXf+cvpApIRCuzAULMaUzTM9Ktzq81\/TXNZoy\/k51ZmvdFEAo\/TaY\/1l1t2d1bYWH3wDFXxVM+31cd+eimtbQkpdqoZBL9hIrnsBqw9jJx7HNqBdlRXugj5dNDAlOmd77kvMSx5\/kziWeprHjk8rOEtYcPw7tvKai5sDN5Z03myBumbypavSyKDs\/46WhX5d3gqsaKxv1j\/5GYlIaiJoBXO3AUZsyZwTFKjrVYW2aqglxrx4+F+SBzpJ2X5G\/dhItd0gaQCSJETjbD6ijW7mgLGzYdQTxRd\/JWHIk1BEjiWC0vMqvRQtW9YIZ7Y5jjPDfP3RSuwAAY4dybZEihH\/9xCrL8lucjvAOIOSo5TNYRyxb8ZObmCq2yOEYXxdjduMxDUlj6nla9tLkoQPIzyTp5PYwJ1Zj64kXxyy6BpQRNhLDOO5SeCWsPVnSjFAC8lTlzuahj1Xy1cpoLkXDiElzRcmvg8Nk+D97Cl+aP99VIQIADIq6rZ3n7K9m5YekOzykJvTTJmr0M4Dks9pHI0c6hYQ1cKufKmmPn8r07XdX2Oh\/lDiutnQ\/jPVCPUh3wQATmErEAa4vjdR\/snl\/2bQe\/i5XWPuQF5PQuFQ1DkzMZqR+UERH1cVkDqEoWZ9xB8YEGG0yYfTNmdgEOOnGOdCheNMDHM6hgXivyijACOJIG4Wl\/BRy7AWzO1VCJfjqV6n8sT1Zz4xbN6d74fRpR6oph+UdmJ8b7j6NRMw73luokf1BcYlSkB8ZQaqmXJ0CO8vAbq3zu05JnnFcXKvoXhgZwhXCKaAj9RWTHTGaMfl0BH4+8xApoQhxjlS0xG7QjaMFcjJR9\/ElobSBcCFfu+B+Nphb9Nk3IYKu+fD1\/5Kf5O+6jDYNSMKdCwOPerUUGSvq6+Udv7nGkyXiGnOMYVzdoR5ODRT\/zM49Y8qkLbxo9cCiy3M3r0NmVc7Bgr5ySWgXeIOTnMXzbfV7t2WwmbRQdxsG7QZRK5fVRaC0fyy6Qx+OtmScwAY6iZ6Jh2loPD0FyrKEsXZwk0FXPMMq9NWvyWwd14uiKzy\/vh+us1Nz8Q+LFT+iNS7agdEMGW2T56lyJr4X+hHeSGjiUV3gK4QQnBF71FwKJ1n+6AfrlxHCFgVvdcgd63sA1TVZMNEl3mlAaRqERvSgSdSuCEMLxHFAZryrJgpljLesjfdJo\/1aBYzKeTJEF0nH2HMsCsCMReEIiylI5jwDLsq7S3OsEuVJGsh8TQxJaLo34pZTpJftNfaVPCwa\/b08YHY1I9DqfdpWl8\/H7aJgCFIwDGb5U+w3L\/2tbU75iMOtQl3X9DNMboxAF6yA3IEASNnEczE+rWNi8kboYlGqzR\/49GnRpINAve38VoTh9oUVC\/4oLl\/2ECqyKkWQEt+\/gKv9GJKu3jdKiNeJyxiKEzDLwUWwXCjOW5xLUtpfa+i2Oh2ANyTrL8kXrtRiNdK8\/YxudD0tu6L4WxEUf8RNb5x7j429pQ7PVSMtYh86+tDqY8Io3Mlub7mRPfpuxwgmU0Qz\/C8CyMrIcH\/FDZhS53oYxwWJvIAIdnoxg\/bnTpl+hwf2e4hBDAbeoOOIylESqfaLa8x1AHmRRke5Dvwi6qk+h4AmIHU0V6MHYoQOVuSHmjfv8yoqhdGN+BoqMOQThMTlrYpIv8sKV1OI5EmMp+5DKZ61AVXbG8G0vhm0eJQIVGLg7c0xFOfJkZuvHZds6LWqExlIQar69r+doQ2\/krZFty64BfC1Ywl9VQzNQ6UQTysDnMrQnEVPZgTCnq482d1BSaVvPBtHzJKej7xUBylW3iyHBZVZ2cF44MsuuGrtenZfnP6BQxdiDmCH0OyMzUF0hywE4K3vNj6JAvW3mEKEzzuPOvIoCDh5rc4Vh7509UviEqWgcq5Zhg4SZpxfFXjAO0KrnnkBH2kOjEM9YqPMeYk6EpHLOshvX+fHTjwk62yilhycUlerCX00\/4Ni7qZMD\/rC60kYaRQ5AylXFEiPwU1Dh92NEth\/+EeVBcrtccmZ8kh9FIt74rLtp295a6bwRc0pf4RlrgAktcTX7opyf6VEawncsFyOqNGPUhX\/zmSwDTdmQ3GvVXB\/oeGGMqdMA43LWBrQBgxrVUON1KnQm9T1THtuP3zfl2t123eVc39yl0LUtOkzvQ\/A43DwFTSO5OXm2sY05kBHPQGJjdCYy5TolJpSyVREy2lVyJstnwWDDyUrRsZZVu4E1zi4sKezKjt+Q4\/i+ug7gRSQgUuJu0jRlnamlW6iGINZIF3df1irWqEakqhfI67dSHgS5dNomdhHLUq3Aer9gI+5kOC7xDG4eh3kSU8A6CJzsd\/u4sQ43xmC6Akew8tLZjTk0IL9rSpXSY0+apH3oBXdM4gdEb6MhaYJMZgN0gN3U4+nY6oezYUdt16a3\/WoiBvmHcwywaU7DjcjT80VEVf31cqVnijbN4tJom225wPWvg444yx1LSncFlEkFSDfeF6tWUfURc0sVCnV0XAXK\/6f8qg8QHgs6RWNt37KikoJvl0s1+\/cIkxE5FuCtVNjoxuF9HZ6T4QPJjmYuM9mj3zBzYQ2NBy\/KM4vhc602qPMVl0Z47aDUvzuYEIvnHwBd95SWyEnhbfALoA6cAz2fTlIxs00bdANtwAgeo\/NWkoOqm\/6B+ygFj2Df38SDIT1A+jphOn5r3ua7+ftKNY1WmmrvRNaWYR4BrRCJq1O4\/WLIpagUyP+SALFO1pGvO0U0ScBzCE\/QIba2YSdoxUwVnrf5jgddssUpn7iFkyrfLkL8VM3J1FnqnX0wu2RIDXGciaE+QRcx8Obmyvme21qHjdTR4EEOmG7fwXZnV2jRJ3C70OMLRXtN4fHoBee+IVKFdgah4Zxceo79mZw75vtvaLFBH6GPgwGUiROiSYZY8hj3PU\/dHJEon4OJzXv5YalodTyV+\/cWNDKbZfPQoqrBy97o0FaD1icKqKJIx2O4\/FATFmW6mlaLKhF3mX585suR8dlDkId1nDKRGa1yXshr1APfO4HNaoRS07cM7ZDcbFR4BDsmcWAMtwYHlFhCHNhGBbebPPNWF8i8xNve5rdCKVisyW2CaemMbRn18\/3tVns8n7OxPqMLMCRKK5j1pG3Nh1RHgurl8\/Uz9iWNuWh4\/pHz\/jfhu1tI5er14YbM26WizWZtynHMiNL+GRe5POOFkrQOsDHn00HJGQL3QavD5TpiaXbm7JKo9ebKVrIJkX9oz5Vq66EUo5amtjxg7Q7zurVASTr+FNMVb\/PTWL9Kpq8MYouyHROsJ02Z+ZV22PvGobzfGGE2Raxn4+JKbKIew2x7xHxI2xYPNp+ASmhiEXG8qRXXOFVERnPM3Y7nUYw71IMHqcxu2BnnB19VCTcNjyMbGx+40fSLcKRzXkRkJqUad2awioCWb02vTeqKHSDtEVU57Q\/QMbHw7WehpFcESuMvwZESo7n9e9+hobyPs1\/T84yyXQTYwdeCt9LA93Ssi+QOuTbfmz+ME0O94CSOMhVKWHHMldnI+w9XruZs1c3eeEI50kry4jNhcdgF0JzucSKAhaHJYpE7yahj1piBKvnifOQahDr67OF3oBHh52FWGPSFsZcLZglQf8qiCLaFX7qAfRgfhUhPcbP7n2QD5SB9JdS5eUB7qvk3vlU64pzjbaLSXFUKUx2crzvX4Br8WQNFJu6be5pVSXs1h8B6ElyLOWbNSEcgz4wMMaxoD5IcztpfzmG734KDQql+v1GxrpnRYie4aOKC8N+gZZi746MTqpbEpN5kMpGvOfTM9pnehVOgOASXcvBTohgCK5bQtf9syeNKSywpCwzTp7U4DX31H+cZhE\/hLhIJM8nbrKUBhQaBHgM0ynsO8pEmtwq\/oSEhMSreJpzEc7ZV3EJlanzZ0DyYSIxoOq1f7m5NeXIelH5NC8oMaBENsXTXcFyFDfH+N\/+d6EVFvkRKdD7P0bQEr11gzsaFrILTuZvT6ANhLGTH8tSzKnzyEkAbGmY3pzqNBmGOPQDNPa1doPzDeMHUEo33VDJgcev22Om\/0U9IYcD5SivHTHp7HRNLMv1K51BB3qi5nMaSW18ptvINkm1M+jBqu8JKzm6qgSdYkhbOtdh276hXcxOK6nUwwMyv6521cvybPtrtcokzoSkmbzriRnY9ZsxKmZZe2UX3CkucA076ItEKPtpVqH5CNbcVnWifPBFw9QGHdU1zl1XQgzZQPoz9TwnBL4\/CPbwT7q0bSaijkQKt0f2JCum4zdmTgV3PZhTvNxP5oHC1SFdJ0q0Dqt2yhrCUErEKHqig2GcmuvAYtUtBV68RZQHfHDNyyayJqHEFoMMC1o7lZXgT9XjFX7b1u\/HTIGoeTvJB9SUUEHwvGfWPXdO7SzobGsoK05VvsWgbWcrRzsEoBymHGoIt66Ymep6Q0HkSJj+aOspd8Q8iDio\/o+sJuLMyW1\/Zsy\/MSi6kVTLNI9iAYdspYsJ3IPhnhD2j0KN4V2YJ8pqrG5VgUHaNOv\/CDglZ+SBRnplstZjvoLfNZ6d1XPLSpvUeQhHKzRJ\/Yx3b9xwlg3KX\/06UpxA+ZzJdj1T2wP4NInQCEMxojUb+YVCD\/p3EJpZvl7M998gVpA6UnL6zN5Pu4goNDMOZRC56RnjzOqFG6Mx\/MksnD1Ni3nv\/UdteuhEbbrZqn0ewyNFeMh7ELUOKBTRa2mAdfDDIIZn2Q6inWI42WMQ40jRUx29Qyt+posYaluLF5iOsFD7S0OK9AcgTZ6Zpmf4EiANq6U0QVViIF1HDJUXQSysJ5DfdgEz4saID6W0GB9FTsW7+FOwxy8K3pyMsG3SfMQj0+9+zZBgrLKgKOzv25AHInkplBftDnMy98gPDeMvJlSzobT9kF65ADzlhKmysG+yA\/78LKZL74fH+nPES4RbJJifvH37dDDZQFB4n1eF3IQDYBgmzHukXFaabBpzKJ2NBcE1hzFE0qI\/SonY\/ENXvaEHmCShLNO6EgMsAC1LG3Fik6PGdOK+O0TAnTA9TcOrdLvqEUwYXOnFl+NbBp9ewmQ220g9nEubOaY8mJSEnMjkIW79uSvoBmbwzc3n0CbCAjTVlSqRIri+YuMyY2dj6XqD404S9aZSIRUhKuP0wl3V0uNSPmusKrZ3DJ\/nVQcJiXNJX2Z+10X0SMeRGUN09koQthlsmMz","iv":"c3e8bcf6515498567225a42180326b2d","s":"e7fca2f0af76ea93"}
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