The Vault will open in Greenwich, Conn., in May
Confirming past reports, Saks Fifth Avenue will open the Vault, a stand-alone store solely devoted to high and fine jewelry, in May 2017.
The store will open in Greenwich, Conn. The affluent suburb is also home to two other new Saks specialty stores—the Collective and 10022-SHOE (pictured).
The Collective spotlights modern designer fashion and will open in February 2017; footwear-focused 10022-SHOE opened this week.
The Vault will be located across from Saks’ main store, at 200 Greenwich Ave., the same address as the Collective, though the two stores won’t be connected, says spokesperson Katie Majeski.
Rival department store Macy’s also opened—and later closed—a stand-alone jewelry store, Macy’s Jewel Gallery, in Honolulu.
Saks is owned by Toronto-based Hudson Bay Co.
(Photo by Elaine & ChiChi Ubiña Photography, courtesy of Saks Fifth Avenue)