In 2007 an agreement with Saks & Company in America was reached to operate its format in Mexico. The format is a chain of luxury department stores that offer products and services similar to Saks Fifth Avenue stores in the United States, but adapted to local preferences.
In November 2007 the first store in Santa Fe Mall was opened and in 2010 another store was inaugurated in the area of Polanco. The format is characterized by the exclusivity of fashion products and accessories, the service offered and high brand recognition.
Saks Fifth Avenue has recently grown sales and margin.