Saks Fifth Avenue and the Entertainment Industry Foundation (EIF) announced that Gwyneth Paltrow has been named its ambassador for Saks Fifth Avenue's 2008 Key to the Cure campaign, which is a women's cancer initiative. Mercedes-Benz is also sponsoring. Karl Lagerfeld created a limited edition t-shirt that will retail for $40 (over $35 to charity), exclusively to benefit Key to the Cure. The t-shirts will be sold at Saks Fifth Avenue stores starting October 1st.
Saks will also host a charity shopping weekend during October 16 to 19 at all of its stores nationwide and through saks.com, during which 2% of sales will benefit local organizations through EIF's Women's Cancer Research Fund.