Saks Opening Penhaligon's Boutiques in Multi-Year Deal

ATLANTA-Saks Inc. has signed a deal with Penhaligon’s, a 132-year-old, London-based specialty products merchant, to place the British firm’s boutiques in Saks Fifth Avenue stores in Miami, Las Vegas, Houston, San Francisco, Chicago and Tysons Corner, VA. Terms of the transaction weren’t disclosed.

Saks houses a leased Penhaligon’s in its New York flagship store. In its markets, Saks Fifth Avenue will be the exclusive point of distribution for Penhaligon’s-branded products, along with the free-standing Penhaligon’s stores, the Birmingham, AL-based retailer says in a prepared statement.