Saks is preparing to wind down its “Saks on Amazon” storefront, marking a setback in its high-profile partnership with Amazon as the luxury retailer navigates bankruptcy proceedings, Chain Store Age has reported.
According to Reuters, Saks plans to cease operations of its curated storefront within Amazon’s Luxury Stores platform, citing weak brand participation and a preference to drive e-commerce traffic to its own website.
The Saks on Amazon experience launched in April 2025 and featured a rotating selection of luxury women’s and men’s apparel, beauty, footwear, handbags and accessories, with Amazon’s fast and free shipping.
The initiative was closely tied to Amazon’s $475 million investment in Saks as part of the retailer’s $2.7 billion acquisition of Neiman Marcus Group in late 2024.
As part of that deal, Amazon’s investment was contingent on Saks selling products on its platform. Saks also agreed to pay referral fees and guaranteed Amazon at least $900 million in payments over eight years.
The reported closure comes as Saks Global works through Chapter 11 bankruptcy after securing roughly $1.75 billion in financing from bondholders to continue operations.
Court filings list Saks’ assets and liabilities at between $1 billion and $10 billion.
Amazon has pushed back against Saks’ bankruptcy financing plan, arguing its equity stake is now “presumptively worthless,” and alleging Saks burned through hundreds of millions of dollars in under a year while accumulating significant unpaid invoices to retail partners.
An Amazon spokesperson told Reuters that while the Saks experience may be ending, Amazon’s luxury store “continues to offer a wide selection of high-end designer styles,” with more brands being added regularly.
The move underscores the growing tension between luxury brands’ desire for control over customer relationships and the scale-driven economics of major e-commerce platforms.
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