Great news - Saks Fifth Avenue $50 gift cards are now available with a 12% rebate. Ever since the doors first opened in 1924, Saks Fifth Avenue has been an international fashion icon. The luxury retailer treats customers to an expertly edited assortment of designer apparel for both men and women, as well as handbags, shoes, jewelry, cosmetics and exclusive treasures not found anywhere else. Every year, Saks sees more than a thousand runway shows and showrooms in New York, Paris, Milan and beyond. Only the very best designs make it to Saks Fifth Avenue.