Saks OFF 5TH Digital
Saks OFF 5TH Digital was the e-commerce arm of Saks Off 5th, offering discounted designer apparel, accessories, and home goods to value-conscious US luxury shoppers. It was spun off in 2021 with $200 million from Insight Partners and entered liquidation in January 2026 as part of parent Saks Global's Chapter 11 filing.
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingDigital Commerce or Content
What Saks OFF 5TH Digital does
Saks OFF 5TH Digital was the e-commerce arm of Saks Off 5th, operating the saksoff5th.com storefront to sell discounted designer apparel, accessories, and home goods to value-conscious luxury consumers in the United States. The business was separated from the brick-and-mortar Saks Off 5th operations in 2021, when Insight Partners led a $200 million investment that valued the digital unit at approximately $1 billion; Saks Global Enterprises retained 80% ownership while Insight Partners and other outside investors held the remaining 20%. The core product was a single consumer-facing e-commerce platform, supported by paid search and SEM-driven digital marketing to drive top-of-funnel traffic.
Saks OFF 5TH Digital firmographics
Firmographics- Name
- Saks OFF 5TH Digital
- Legal name
- Saks OFF 5TH Digital
- Website
- https://saksoff5th.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Closed
- Headcount range
- 5,001–10,000 employees
- Short description
- Saks OFF 5TH Digital was the e-commerce arm of Saks Off 5th, offering discounted designer apparel, accessories, and home goods to value-conscious US luxury shoppers. It was spun off in 2021 with $200 million from Insight Partners and entered liquidation in January 2026 as part of parent Saks Global's Chapter 11 filing.
- Ownership category
- akta.pro rank
Saks OFF 5TH Digital industry classification
Industry- Product category
- Off-Price Luxury Retail
- NAICS
- Retail Trade (44-45)
- SIC
- Retail-Nonstore Retailers (5960), Retail-Retail Stores, Nec (5990)
- akta.pro primary industry
- Off-Price Department Stores (Online / Digital Off-Price) (CRAGAEAJ)
- akta.pro secondary industry
- Off-Price Department Stores (Outlet / Clearance Centers) (CRAGAEAI)
Keywords
Where Saks OFF 5TH Digital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Saks OFF 5TH Digital business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Marketing or Sales, Supply Chain, Technology or R&D, Operations, Personnel
Distribution channels2 records
Marketing channels1 record
Saks OFF 5TH Digital product offering
Product offeringCore offering
Saks OFF 5TH Digital operated an online off-price retail storefront selling discounted designer apparel, accessories, and home goods to individual consumers. It functioned as the e-commerce arm of Saks Off 5th, separated from the brick-and-mortar business in 2021. The digital operations were approved for liquidation in January 2026 as part of the parent Saks Global's Chapter 11 bankruptcy proceedings.
Product overview
Saks OFF 5TH Digital was a single unified e-commerce platform offering off-price luxury fashion and goods online. The platform operated as the digital unit of Saks Off 5th, having split from the brick-and-mortar business in 2021 with a $200 million investment. The company's digital operations were being liquidated in January 2026 following court approval as part of Saks Global's Chapter 11 bankruptcy filing, with only the physical retail locations continuing to operate.
Differentiator
Problem solved
Functional benefit
Products and services
- Saks OFF 5TH Digital E-commerce Platform Online off-price retail storefront selling discounted designer apparel, accessories, and home goods to individual consumers in the U.S. Operated as the digital arm of Saks Off 5th and entered liquidation in January 2026 as part of Saks Global's Chapter 11 bankruptcy.
Companies that use Saks OFF 5TH Digital
Customer profileSegments1 record
Ideal customer profiles1 record
Saks OFF 5TH Digital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Saks OFF 5TH Digital partnerships and signals
Strategic signalScale indicators2 records
Recent moves8 records
Expansion highlights1 record
Saks OFF 5TH Digital competitors and assessment
Company assessmentDirect peers
- The RealReal: Online marketplace for authenticated luxury consignment and resale. Overlaps with Saks OFF 5TH Digital on luxury target customer and online-only model, though operating via resale rather than off-price new goods.
- Neiman Marcus Last Call: Online off-price luxury outlet operated by Neiman Marcus Group, offering designer apparel and accessories at discounted prices. Closest direct competitor in the digital off-price luxury segment with overlapping brand mix and target customer.
- Rue Gilt Groupe: Online off-price and flash-sale retailer for luxury apparel, accessories, and home goods. Direct competitor serving the same value-conscious luxury shopper with a similar e-commerce discount model.
- Overstock (now Beyond Inc.): Large online off-price retailer offering home goods, furniture, and apparel at discounted prices. Direct competitor in digital off-price retail with overlap in home goods and accessories.
- Nordstrom Rack (Nordstrom): Digital off-price division of Nordstrom selling designer and branded apparel at reduced prices. Direct competitor in the online off-price department store category with comparable merchandising approach.
Emerging players
- Zulily: Online flash-sale retailer for apparel, accessories, and home goods. Comparable flash-discount e-commerce model targeting value-seeking shoppers with limited-time pricing mechanics.
- ThredUp: Online resale platform for apparel and accessories. Targets a similar value-conscious shopper with discounted fashion, partial overlap with off-price luxury value proposition.
- Vestiaire Collective: Global online marketplace for pre-owned luxury fashion. Comparable online luxury customer and authentication-led model, though focused on resale rather than off-price new inventory.
Broad incumbents
- Saks Fifth Avenue (parent brand online): Full-price luxury online storefront of the parent brand. Adjacent incumbent selling the same designer brands at full price; Saks OFF 5TH Digital was effectively the off-price extension of this brand.
- TJX Companies (TJ Maxx / Marshalls): Largest off-price retailer globally operating TJ Maxx, Marshalls, and HomeGoods with growing e-commerce presence. Broad incumbent in off-price retail serving the same discount-seeking consumer across apparel and home.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Saks OFF 5TH Digital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Saks OFF 5TH Digital leadership team
Management profileNumber of profiles
Saks OFF 5TH Digital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Saks OFF 5TH Digital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Saks OFF 5TH Digital
What does Saks OFF 5TH Digital do?
Saks OFF 5TH Digital operated an online off-price retail storefront selling discounted designer apparel, accessories, and home goods to individual consumers. It functioned as the e-commerce arm of Saks Off 5th, separated from the brick-and-mortar business in 2021. The digital operations were approved for liquidation in January 2026 as part of the parent Saks Global's Chapter 11 bankruptcy proceedings.
Is Saks OFF 5TH Digital a public or private company?
Saks OFF 5TH Digital is a private company. It is classified as corporate owned and is currently closed.
When was Saks OFF 5TH Digital founded?
Saks OFF 5TH Digital was founded in 2021. It employs 5,001 to 10,000 people.
Where is Saks OFF 5TH Digital based?
Saks OFF 5TH Digital is headquartered in New York, United States, in the North America region.
Who are Saks OFF 5TH Digital's main competitors?
Direct peers on record are The RealReal, Neiman Marcus Last Call, Rue Gilt Groupe, Overstock (now Beyond Inc.) and Nordstrom Rack (Nordstrom). Emerging players are Zulily, ThredUp and Vestiaire Collective. Broad incumbents are Saks Fifth Avenue (parent brand online) and TJX Companies (TJ Maxx / Marshalls).
Does Saks OFF 5TH Digital have an API?
No public API is recorded for Saks OFF 5TH Digital.
What industry is Saks OFF 5TH Digital in?
Saks OFF 5TH Digital's product category is Off-Price Luxury Retail. Its primary akta.pro industry code is CRAGAEAJ, Off-Price Department Stores (Online / Digital Off-Price), with a secondary code of CRAGAEAI, Off-Price Department Stores (Outlet / Clearance Centers). Its NAICS code is 44-45 and its SIC code is 5960.