Saks opens first dedicated jewelry store The Vault in Greenwich

By

Obi Anyanwu

Published
May 5, 2017

Saks this week opened on Thursday The Vault, a new jewelry destination and the third retail location to open in Greenwich in seven months. The new store joins the 10022-SHOE Greenwich shoe store and The Collective contemporary store both on 200 Greenwich Avenue.

 
The Vault, which marks as Saks’ first-ever jewelry store, features jewelry viewing rooms that display specialty pieces such as a $99,000 Bulgari serpent pendant and a $199,870 Aurélie Bidermann cuff, as well as brands exclusive to the The Vault such as Amsterdam Sauer, Anita Ko, Messika, Ripossi, and De Grisogono, which is offering $2.6 million diamond earrings at the store.
 
The luxury retailer's current jewelry offering is also available in store, including jewelers Chopard and Vernier, the latter in which has a $175,600 necklace available at The Vault.

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Saks first announced plans to open The Vault and The Collective in October 2015, and announced plans to open 10022-SHOE in three months prior. 10022-SHOE opened in October 2016 and The Collective followed in February 2017.
 
The three dedicated stores are designed to better serve its Greenwich customers and assert category dominance.
 
Marc Metrick, President of Saks Fifth Avenue, said in 2015, “I am passionate about our core strategy of category dominance - providing a better, more authoritative assortment that allows Saks to be bigger than any one brand - and this additional space in Greenwich furthers our mission to do just that.”