{"id":97450,"date":"2024-11-27T07:34:14","date_gmt":"2024-11-27T07:34:14","guid":{"rendered":"https:\/\/graziamagazine.com\/?post_type=articles&#038;p=262701"},"modified":"2024-11-27T07:34:14","modified_gmt":"2024-11-27T07:34:14","slug":"saks-potts-closing-down","status":"publish","type":"articles","link":"https:\/\/graziamagazine.com\/us\/articles\/saks-potts-closing-down\/","title":{"rendered":"Danish Fashion Darling Saks Potts Shuts Down After A Decade In Business"},"content":{"rendered":"<figure id=\"attachment_262706\" aria-describedby=\"caption-attachment-262706\" style=\"width: 2560px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-262706\" src=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-scaled.jpg\" alt=\"Saks-Potts\" width=\"2560\" height=\"1707\" srcset=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-scaled.jpg 2560w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-300x200.jpg 300w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-1024x683.jpg 1024w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-768x512.jpg 768w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-1536x1024.jpg 1536w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-2048x1366.jpg 2048w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-400x267.jpg 400w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Shutting-Down-155x103.jpg 155w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption id=\"caption-attachment-262706\" class=\"wp-caption-text\">COPENHAGEN, DENMARK &#8211; JANUARY 29: Cathrine Saks (L) and Barbara Potts (R) are seen at the Saks Potts show during the Copenhagen Fashion Week AW24 on January 29, 2024 in Copenhagen, Denmark. (Photo by Matt Jelonek\/Getty Images)<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In 2014, childhood best friends Cathrine Saks and Barbara Potts burst onto the <a href=\"https:\/\/graziamagazine.com\/me\/articles\/scandi-chic-dressing-designers-to-know\/\">Danish fashion scene<\/a> with a covetable collection of bold, maximalist and textured coats designed to cut through the cold and muted outerwear dominating the fashion zeitgeist at the time. Fast forward a decade and their beloved eponymous brand, <a href=\"https:\/\/graziamagazine.com\/articles\/copenhagen-fashion-week-saks-potts-ss24\/\">Saks Potts<\/a>, has announced its closure after \u201cten extraordinary years\u201d. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Copenhagen-based label announced the surprising news on November 26 via an Instagram post shared with their 239,000 followers. \u201cSaks Potts, renowned for its unconventional designs, will close its doors in the Spring of 2025,\u201d the statement began. \u201cConcluding a decade as business owners with financial success and remarkable creative achievements, Cathrine and Barbara are exploring how to leverage their legacy in new career opportunities beyond Saks Potts, taking the time to consider new possibilities,\u201d it continued. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cFrom the very beginning, we have strived to deliver what people didn\u2019t expect, and this decision feels like staying true to exactly that.\u201d The founders added a personal note: \u201cWhen we started Saks Potts at just 19 and 20 years old, we never imagined the wild and extraordinary journey it would take on us. These 10 years have been the best, most fantastic and unforgettable years of our lives. They\u2019ve truly shaped who we are\u2014and now we\u2019re excited and eager to see what our 30s hold!\u201d <\/span><\/p>\n<figure id=\"attachment_262705\" aria-describedby=\"caption-attachment-262705\" style=\"width: 1440px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-262705 size-full\" src=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure.jpg\" alt=\"Saks-Potts-Closing-Down\" width=\"1440\" height=\"1798\" srcset=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure.jpg 1440w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-240x300.jpg 240w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-820x1024.jpg 820w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-768x959.jpg 768w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-1230x1536.jpg 1230w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-400x499.jpg 400w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closure-155x194.jpg 155w\" sizes=\"(max-width: 1440px) 100vw, 1440px\" \/><figcaption id=\"caption-attachment-262705\" class=\"wp-caption-text\">Cathrine Saks (L) and Barbara Potts (R). Credit: Instagram\/<a href=\"https:\/\/www.instagram.com\/sakspotts\/\" target=\"_blank\" rel=\"noopener\" target=\"_blank\">@sakspotts<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Unlike other independent brands who have bucked under the weight of financial pressure, Saks Potts acknowledged that the decision to wind down wasn\u2019t due to monetary loss. In fact, the brand has consistently achieved a 25% annual growth with 2024 shaping up to be the brand\u2019s strongest financial year in operation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">So why halt production on a winning streak? Once a pariah in the realm of Scandinavian minimalism, the label soon earned acolytes in droves after becoming a mainstay in the wardrobes of definitive cool girls through high-octane hues, flirty cuts and Y2K sensibilities.<\/span><\/p>\n<figure id=\"attachment_262709\" aria-describedby=\"caption-attachment-262709\" style=\"width: 2560px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-262709\" src=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-scaled.jpg\" alt=\"Saks-Potts-Runway\" width=\"2560\" height=\"1706\" srcset=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-scaled.jpg 2560w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-300x200.jpg 300w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-1024x683.jpg 1024w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-768x512.jpg 768w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-1536x1024.jpg 1536w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-2048x1365.jpg 2048w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-400x267.jpg 400w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Runway-155x103.jpg 155w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption id=\"caption-attachment-262709\" class=\"wp-caption-text\">COPENHAGEN, DENMARK &#8211; AUGUST 07: The runway at the Saks Potts show during the Copenhagen Fashion Week Spring\/Summer 2024 on August 07, 2023 in Copenhagen, Denmark. (Photo by Alena Zakirova\/WireImage)<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/graziamagazine.com\/articles\/lily-rose-depp-date-night-style\/\">Lily-Rose Depp<\/a> regularly sports their knitted polos. Kylie Jenner lived in her striped button-down shirt all last summer. Bella Hadid brought their shearling-trimmed candy-coloured coats to the masses with her <a href=\"https:\/\/graziamagazine.com\/articles\/bella-hadid-hard-launches-her-beauty-empire-era-with-an-entirely-new-wardrobe\/\">New York street style<\/a>, as did Kendall Jenner for their metallic two-piece sets. Paloma Elsesser, Emily Weiss and Beyonc\u00e9 have also bought into their vision for contemporary womenswear, too. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this year, the brand eschewed showing at Copenhagen Fashion Week for an intimate anniversary party hosted on the shores of \u00d8resund at the Swiss Embassy in Denmark. Unbeknownst then, it was an unofficial au revoir to a community of adherents to who made the brand what it was; covetable, chic and a new classic. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The brand will not produce any further collections, making their Fall\/Winter 2024 range, which was presented in the halls of their <\/span><span style=\"font-weight: 400;\">Bredgade boutique in January, their last. <\/span><\/p>\n<figure id=\"attachment_262708\" aria-describedby=\"caption-attachment-262708\" style=\"width: 1440px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-262708 size-full\" src=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down.jpg\" alt=\"Saks-Potts-Closing-Down\" width=\"1440\" height=\"1800\" srcset=\"https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down.jpg 1440w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-240x300.jpg 240w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-819x1024.jpg 819w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-768x960.jpg 768w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-1229x1536.jpg 1229w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-400x500.jpg 400w, https:\/\/graziamagazine.com\/wp-content\/uploads\/2024\/11\/Saks-Potts-Closing-Down-155x194.jpg 155w\" sizes=\"(max-width: 1440px) 100vw, 1440px\" \/><figcaption id=\"caption-attachment-262708\" class=\"wp-caption-text\">&#8220;Saks Potts Forever &lt;3,&#8221; wrote the brand on social media. Instagram\/<a href=\"https:\/\/www.instagram.com\/sakspotts\/\" target=\"_blank\" rel=\"noopener\" target=\"_blank\">@sakspotts<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">\u201cBoth being creative people, we have always strived to continuously reinvent ourselves and deliver the unexpected,\u201d the designers added. \u201cNow, ten years into our journey, it felt like we could either shake everything up completely or we could turn the page, say a beautiful farewell to our business at a stage that felt like the highest point and start a new chapter of our lives,\u201d they wrote. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s unclear what the future holds, but let it be paved with the optimism, joy and colour they brought to the world with their lauded designs. Saks Potts, forever!<\/span><\/p>\n","protected":false},"author":42674,"featured_media":97463,"template":"","format":"standard","categories":[17,16],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.5 (Yoast SEO v20.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saks Potts Closes Down After A Decade In Business<\/title>\n<meta name=\"description\" content=\"Copenhagen fashion label Saks Potts announces its closure after a decade in business. 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