Help with unusual Saks & Co label

M33vtg

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Hi everyone! Looking for info/approx date for an unusual Saks label. My research indicates it might be from Saks-34th, the mid range department store formed by Saks & Gimbels at the original Saks location at Herald's Square (closed in 1965). However, I have not been able to locate any similar labels in my searches. I did find an image of a 1940s Saks-34th mail stamp and the font appears to be the same. Has anyone seen this particular label before that can help verify my theory? It's attached to a fur stole. TIA for any info provided! :)
 

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