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Jewellery sales help shore up Saks

Friday, 9th July 2004 (4090 views)

Strong jewellery sales have helped US retailer Saks deliver an improved sales performance for July.

The firm said that for the five weeks ended July 3rd it had seen a total sales increase of 9.9 per cent in comparison to the five weeks ended July 5th, 2003.

In a statement the firm revealed that its 'gold range' apparel and fine jewellery had played a significant part in this sales success.

Saks Incorporated operates Saks Fifth Avenue Enterprises (SFAE), which consists of 62 Saks Fifth Avenue stores and 54 Saks Off 5th stores.

The company also operates its Saks Department Store Group (SDSG) with 240 department stores under the names of Parisian, Proffitt's, McRae's, Younkers, Herberger's, Carson Pirie Scott, Bergner's, and Boston Store and 24 Club Libby Lu specialty stores.

 

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