Forget Galleries. You Can Now Buy Fine Art From Saks Fifth Avenue.
Saks Fifth Avenue just entered the high jewelry game and now, the luxury department store is expanding its offerings yet again. This time, with art.
On Thursday, the retailer announced that it would be venturing into a new category—fine art. The limited-edition collection, which can be purchased through the store’s website and its New York and Beverly Hills locations, features 100 contemporary prints from renowned artists, including Sol LeWitt, Eva Lootz, Alex Katz, Donald Sultan, and Rafael Canogar Gomez, to name a few.
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“Fashion and art are two highly coveted categories within the luxury space, and we’re thrilled to introduce a fine art curation,” said Tracy Margolies, chief merchandising officer at Saks, in a statement. “Our customers seek Saks’s fresh perspective and luxury edit, and we are excited for them to discover this inspiring assortment. Appealing to both art enthusiasts and collectors alike, Saks is opening a new door for artists to reach a luxury audience.”
During the initial rollout, the debut works available incorporate everything from lithography and engraving to silkscreen printing and photography. The pieces themselves are all individually numbered and signed by the artist. Plus, customers can also snag editions that are exclusive to Saks such as Archipielago III (2004) by Cuban artist Kcho and El mèdol V (2006) by photographer Xavier Ribas Sorolla. Prices range from $600 to $10,650, with select pieces going for upwards of $34,000.
Now through October 11, Saks will put select pieces on display in the windows of its Fifth Avenue flagship. Additional retail locations across the U.S. will begin offering the curated assortment this fall, including Boca Raton, Brickell, Chicago, Houston, New Jersey, and San Francisco. Select stores will also have dedicated art advisors onsite to assist buyers, plus a pop-up gallery exhibit where you can see the works IRL. To make the shopping experience even more interactive, customers can scan a QR code in Saks’s digital catalog to see how the works would fit into their home.
While this marks off a first for Saks, other big-name retailers have already found great success mixing high art with high fashion. For example, Chairish Art Gallery previously collaborated with Bergdorf Goodman on two different pop-up exhibits. The most recent in-store event, which ran from January to April, featured over 300 original art pieces across five different themed galleries at the retailer’s Fifth Ave store.
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