Merchandise categories at Saks Fifth Avenue performs well in July
10 Aug '07
1 min read
Retailer Saks Incorporated announced that owned sales totaled $201.4 million for the four weeks ended August 4, 2007 compared to $172.4 million for the four weeks ended July 29, 2006, a 16.8% increase. Comparable store sales increased 14.9% for the four-week period.
For the quarter ended August 4, 2007, owned sales totaled $687.9 million compared to $598.2 million for the quarter ended July 29, 2006, a 15.0% increase. Comparable store sales increased 13.2% for the quarter.
On a year-to-date basis, for the six months ended August 4, 2007, owned sales totaled $1,473.5 million compared to $1,274.6 million for the six months ended July 29, 2006, a 15.6% increase. Comparable store sales increased 13.9% for the six-month period.
For July, nearly all merchandise categories at Saks Fifth Avenue performed well. The strongest categories for the month were men's apparel, accessories, and shoes; women's contemporary, "gold range," and designer sportswear; fine jewelry; and handbags. Saks Direct and Off 5th also performed well for the month.
marketing@alchempro.com
