Saks Fifth Avenue to ban fur from its stores beginning next year

Fur is going out of style at Saks Fifth Avenue — for good.

The swanky retailer said Wednesday its 40-store chain will close its 27 fur salons and fur departments by January 2022 and that it will phase out all apparel that contains mink, fox, chinchilla, sable, coyote and beaver by January 2023. “We evaluate a number of factors when making decisions about our assortment, including customer preferences and societal shifts,” chief merchandising officer Tracy Margolies said in a statement. “We recognize that trends constantly evolve, and that the sale of fur remains a significant social issue. As such, eliminating it from our assortment is the right step for us to take at this time.”