SUDDEN SHUTTERS

Saks Off 5th to close 3 Houston stores with blowout final sale

Saks Off 5th is closing its only San Antonio store.

Houston shoppers looking for the thrill of the deal might want to mark their calendar. Discount designer retailer Saks Off 5th is closing most of its U.S. stores, including three in the Houston area, as its parent company tries to wiggle its way out of bankruptcy. Liquidation sales will begin Saturday, January 31 at select locations.

The mass closures come after Saks Global — the parent company of luxury department stores Saks 5th Avenue, Bergdorf Goodman, and Neiman Marcus — filed for Chapter 11 bankruptcy protections on January 14. The conglomerate has been buckling under the strain of $2.5 million in debt it acquired with the 2024 purchase of rival retailer Neiman Marcus.

"As we advance on Saks Global's transformation, we are taking decisive steps to realign our business to better serve our luxury customers and drive full-price selling across our core luxury businesses," said Geoffroy van Raemdonck, Chief Executive Officer of Saks Global, in a release. "With these actions, we will be well positioned to seize the greatest opportunities for long-term growth and value creation. We sincerely thank our Saks Off 5th and Last Call colleagues for the important role they have played in serving our loyal customers."

Saks will close 57 Off 5th stores and shutter the five remaining locations of Neiman Marcus’ off-brand shop Last Call. Only 12 OFF 5th units will survive the move. After the onslaught, Texas’ sole store will be at Grapevine Mills mall in Grapevine.

Many of the U.S. stores will kick off closing sales beginning January 31. An additional 23 stores will close outright on February 2. Here’s the full list of Texas shutters:

Saks Off 5TH locations holding closing sales:

Cypress, 29300 Hempstead Rd.
Sugar Land, 2745 N Town Center Blvd.
Katy, 5000 Katy Mills Cir.
San Antonio, 5819 Worth Pkwy.

Saks Off 5TH locations closing February 2:

Grand Prairie, 2950 W. I-20 #125
Dallas, 8040 Park Ln.

Last Call Locations holding closing sales:

Grapevine, 3000 Grapevine Mills Pkwy. #233
San Marcos, 3939 S. I-35 #1105

The overall primary market for luxury goods has been declining in recent years due to changing customer preferences, a perceived decline in quality in top brands like Gucci and Louis Vuitton, and a growing resale market led by sites like The RealReal and Vestaire Collective.

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VAULT VIBES

Houston fashion star Chloe Dao marks 25 years with epic clean-out sale

Photo courtesy of Chloe Dao

From January 24- 31 Chloe Dao will open her personal design archives to mark 25 years with a rare boutique vault sale.

For Houston fashion devotees, this is the kind of news that prompts a calendar alert and a group chat with the besties. Chloe Dao is celebrating 25 years in fashion by doing something she has never done before: opening the vault.

From January 24 through January 31, the Chloe Dao boutique will host a 25-Year Anniversary Clean-Out Vault Event, releasing pieces from Dao’s personal design archives alongside curated boutique items that have been held back for years. Once they are gone, they are gone for good.

“This is not a typical sale; this is an anniversary moment,” Dao says. “It’s an intentional release, a moment of reflection and gratitude, and a way to make space for what’s next. Once these pieces are gone, they’re truly gone."

For the first time ever, shoppers will be able to snag select designs from past collections and limited production runs, and Dao has confirmed she will be parting with some of her couture designs. Shoppers can expect more than 300 items, with more than half of the boutique included in the sale event.

Chloe Dao design Select runway couture and past collection pieces headline Chloe Dao’s 25-Year Anniversary Clean-Out Event.Photo courtesy of Chloe Dao

Everything in the anniversary sale will be discounted 65 percent or more. Fan favorites, including the Houston T-shirt and Aya scarf, will be priced at $15 to $20, down from $42 to $68. None of the released pieces will be reproduced or restocked.

There is also a very personal moment behind this big event. Dao shared that she is planning for the future, including her eventual retirement in about 5 years, making this the right time for a shift.

“It is bittersweet, and I’m still torn about letting go of some of my archive pieces. But a close friend stopped by the boutique this past Saturday and reminded me that I can always create more. That really stayed with me. I’ve missed designing for my store, and this sale feels like a reset — a chance to return to what I love most: designing eveningwear," Dao tells CultureMap. "The past six years, especially post-COVID, were very much about survival mode. Now, if I’m going to truly survive and thrive in today’s retail landscape, my focus is shifting back to my own line and less on curation.”

Following her Project Runway Season Two win and decades of success, Dao says the milestone is also about gratitude for the city that supported her from the start.

“Think of it as an archive release and a chance to own a piece of my history as I celebrate 25 years in fashion. Thank you for being part of this journey with me. I’m so excited to share this moment, and this milestone, with you."

25-Year Anniversary Clean-Out Vault Event, January 24 - January 31, Chloe Dao Boutique, 600 N Shepherd Dr #115, in M-K-T Heights.

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