Branded clothing retailer Saks Fifth Avenue will stop selling animal fur by the end of fiscal 2022, the company said on Wednesday.
The elimination applies to both fur garments made by Saks and to partner online and in-store vendors, the company said in a statement.
“Through the experience of Saks Fifth Avenue, we assess a number of factors when making decisions about our assortment, including customer preferences and societal changes,” said Tracy Margolies, Director of Marketing at Saks, in a statement. “We recognize that trends are constantly changing and the sale of fur remains a significant social issue. As such, removing it from our assortment is the right step to take at this time.”
Saks plans to close all of its fur salons by the end of fiscal 2021, which is the period ending January 29, 2022. It will phase out the sale of fur products from vendors by the end of fiscal year. fiscal year 2022, which is the period ending January 28, 2023.
Saks Fifth Avenue, which is owned by the Hudson’s Bay Company and has 45 branches, plans to close all of its fur salons by the end of fiscal 2021.
The luxury retailer will also work closely with supplier partners to phase out the sale of fur products online and in stores by the end of fiscal 2022.
Saks will continue to sell faux fur products, as well as sheepskins, lambs, goats, cattle, down and leather.
The retailer is following Nordstrom, which has said it will stop selling exotic animal furs and skins by the end of 2021, and Macy’s and Bloomingdale’s, who have pledged to stop selling fur by the end of 2021. the end of fiscal 2020.
People for the Ethical Treatment of Animals hailed Saks’ decision, saying in a statement that the animal rights group has been protesting the store’s fur trade for years.
“May her ‘fur salons’ remain in pieces, because they will not be missed by today’s shoppers, who no longer find it acceptable to wrap themselves in the stolen skin of an abused animal,” said the president of PETA. , Ingrid Newkirk, in a press release.