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Amazon’s on-again, off-again pursuit of Saks underscores the ongoing tension between luxury retail and mass-market platforms.
After stepping back from a direct acquisition, Amazon remains involved in the Saks bankruptcy process, signaling continued interest in the luxury space. As David Wander notes in a recent New York Post article, the shift reflects a move from a front-door takeover to a more measured, long-term strategy to gain access to Saks.