Saks Fifth Avenue Cancels Iconic Holiday Light Show

For its 100th anniversary, Saks Fifth Avenue opts for a simpler display amid financial challenges in the luxury sector.

Saks Fifth Avenue's flagship store in Manhattan will not host its annual holiday light show this year, ending a nearly 20-year tradition.
The decision to cancel the light show was made recently as part of cost-cutting measures due to a challenging year for the luxury retail market.
Instead of the light show, Saks will focus on elegantly illuminating the building's facade and showcasing its traditional holiday windows.
The cancellation comes during the store's 100th anniversary, with a new emphasis on celebrating the architectural significance of the iconic building.
Saks' parent company, Hudson's Bay, is in the process of acquiring Neiman Marcus, which may have influenced the decision to cut costs.