LOS ANGELES, April 29 (Reuters) - Saks Fifth Avenue is

launching a storefront on Amazon.com ( AMZN ) where it will sell

high-end, designer products from Dolce&Gabana and Balmain in the

e-commerce giant's latest foray into selling luxury goods, the

companies said on Tuesday.

Amazon ( AMZN ) has been an investor in Saks Global, Saks Fifth

Avenue's parent company, since December, when Saks Global

purchased Neiman Marcus for $2.65 billion.

The e-commerce giant created a designated section for

selling high-end apparel and beauty products, known as Amazon

Luxury, in 2020. Amazon Luxury currently sells merchandise from

Oscar De La Renta and pre-owned bags from LVMH's Louis

Vuitton and Christian Dior.

The new Saks Fifth Avenue Amazon section will be a "store

within a store" that lives in Amazon Luxury, said Jenny

Freshwater, Amazon's ( AMZN ) vice president of fashion and fitness.

Saks Fifth Avenue will have a third-party storefront,

meaning that the luxury retailer will control its own

merchandise and fulfillment, the companies said.

"We're really excited about this opportunity to be able to

access a client who's shopping on Amazon ( AMZN ), who is qualified for

luxury," Saks Global President and Chief Commercial Officer

Emily Essner said. She added the partnership will also help Saks

Global understand customer engagement.