Saks Fifth Avenue is the successor to a business founded by Andrew Saks in 1867 and founded in New York in 1902 as Saks & Company. Andrew died in 1912, and in 1923 Saks & Co. was founded by Gimbel Brothers Inc., operating as a separate autonomous subsidiary. On September 15, 1924, Horace Saks and Bernard Gimbel opened Saks Fifth Avenue in New York.
A new 9000 sqm. Saks store was opened in Almaty. DKD Construction completed the works within its scope on 1 August 2012.
