*Net Proceeds means the purchase price of the product, excluding costs of goods sold, taxes, discounts, returns, credits, cancellations, lost, stolen or damaged merchandise, bad debt, shipping and handling charges and purchases using gift cards or gift certificates. From November 23, 2021 - January 1, 2022, Saks will donate one hundred percent (100%) of net proceeds from all sales of the capsule collection to the Girls Opportunity Alliance, a program of The Obama Foundation. Regardless of the actual sales, Saks will donate a minimum of $100,000 and a maximum of $160,000.
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