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Saks expands commitment to downtown Manhattan


Saks Fifth Avenue has another store to its lineup at Brookfield Place in downtown Manhattan.

The retailer, a division of Hudson’s Bay Company, said it will open a 16,750-sq.-ft. dedicated men’s store at the center, in spring 2017. As previously announced, Saks will open an 85,000-sq.-ft. full line store at Brookfield Place.

The men’s store will focus on “modern” fashion and accessories, amd offer an array of special services and amenities, including bespoke tailoring and personal shopping programs. It will be the company’s sixth men’s-only store in the United States.

“Building a free-standing Saks Fifth Avenue Men’s Store at the crossroads of the U.S. Financial Market and New York City’s burgeoning downtown fits perfectly with our vision to expand our leadership position in the luxury space," said Marc Metrick, president, Saks Fifth Avenue. “We look forward to creating a tailored experience for our customers in a dedicated environment, filled with authoritative merchandising assortments.”

The full-line Saks will anchor the northern end of the Brookfield Place complex when it opens in summer 2016. The store will focus on creating dominant merchandising statements for women’s categories.

Additionally, the company plans to consolidate its U.S. headquarters at Brookfield Place by August 2016.

“We are thrilled that Hudson’s Bay Company has increased its commitment at Brookfield Place through the addition of a new Saks Fifth Avenue Men’s Store,” said Dennis Friedrich, CEO of the global office division of Brookfield Property Partners. “

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