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The Luxe Dispatch

Saks Cuts Ties With Amazon, Pieter Mulier Joins Versace, a New Fairmont in Vietnam & More

This week’s Luxe Dispatch tracks how heritage brands are redefining prestige in a rapidly evolving luxury landscape.

By Bryle Suralta

February 06, 2026
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Hotel Excelsior in Venice Photo: Iconic Hotels & Resorts

Luxury is once again in a season of recalibration. Across fashion, retail, hospitality, and the auction world, the industry’s most powerful names are quietly (but decisively) redrawing their boundaries. From Saks stepping back from mass-platform partnerships, to creative leadership shifts at heritage houses, to the growing dominance of experiential travel and collectible couture, today’s luxury landscape is being reshaped by restraint, reinvention, and renewed focus on authenticity. Saks Ends Its Amazon Experiment After a brief and uneasy courtship, Saks Global has officially shut down its luxury partnership with Amazon, signaling a strategic retreat from mass-platform retail. Launched to capture younger, digital-first consumers, the Saks on Amazon storefront struggled to reconcile speed-driven e-commerce with the exclusivity expected of luxury. The move comes amid Saks’ wider restructuring efforts, following its Chapter 11 filing earlier this year. For the industry, the breakup reinforces a hard truth: prestige brands still thrive on curation, scarcity,..

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