Saks Fifth Avenue will close its fur salons and stop selling animal fur products by early 2023, as part of a larger initiative by U.S. department stores to stop selling such products.
Saks fur salons will close by the end of this fiscal year, which ends on January 29. They sell items like mink coats, fox down jackets, and rabbit jackets from designers like Zac Posen, Norman Ambrose, and Zandra Rhodes. The retailer will keep faux fur on its shelves, along with products such as cattle hide, sheepskin, down and leather.
“We recognize that trends are constantly changing and that the sale of fur remains an important social issue,” said Tracy Margolies, Chief Marketing Officer. “As such, removing it from our assortment is the right step to take at this time.”
Saks is undergoing a reorganization as parent company Hudson’s Bay Co. splits its e-commerce activities into a separate entity. The company raised US $ 500 million from venture capital firm Insight Partners for a minority stake in the new venture.
The movement against fur clothing has gained momentum in recent years amid concerns over animal abuse, with department stores like Macy’s, Bloomingdale’s and Nordstrom halting sales. In 2019, the state of California banned the sale of new fur clothing and accessories, and the law will come into effect in 2023. Bans are also proposed in New York and Hawaii.