×
60 544
Fashion Jobs
ROSS STORES
Senior Manager, Fixture Quality
Permanent · Dublin
OLD NAVY
District Manager - Colorado South
Permanent · Lakewood
OLD NAVY
General Manager - Shops at Stonewall
Permanent · Gainesville
NORDSTROM
Assistant General Manager - Ruscello - South Coast Plaza
Permanent · Costa Mesa
MACY'S
Asset Protection Detective, South Shore Plaza - Full Time
Permanent · Braintree
TJX COMPANIES
Product Manager
Permanent · Framingham
HOMEGOODS
70118-lp Detective
Permanent · Raleigh
TJ MAXX
District Loss Prevention Manager - Los Angeles, ca
Permanent · Culver City
TJX COMPANIES
Loss Prevention Investigator (National Task Force) - Deptford, nj
Permanent · Deptford
TJ MAXX
Warehouse Supervisor
Permanent · University Park
TJX COMPANIES
Product Manager
Permanent · Framingham
TJ MAXX
Loss Prevention Detective
Permanent · Somerville
TJ MAXX
tj Maxx Loss Prevention Detective Full-Time
Permanent · Denver
TJ MAXX
Loss Prevention Detective
Permanent · Boston
LULULEMON
Store Business Lead | Garden State Plaza
Permanent · Paramus
LEVI'S
Stock Lead, Part- Time, Levi’s® Retail, 34th Street, New York
Permanent · New York
ABERCROMBIE AND FITCH CO.
Abercrombie & Fitch - Manager in Training, Victoria Gardens
Permanent · Rancho Cucamonga
ATHLETA
General Manager - Santana Row (New Store)
Permanent · San Jose
NEIMAN MARCUS
Senior Director, General Manager, Palo Alto
Permanent · Palo Alto
ROSS STORES
Store Protection Specialist
Permanent · Hyattsville
MACY'S
Asset Protection Detective, Santa Anita - Standard Part Time
Permanent · Arcadia
MACY'S
Asset Protection Security Guard, The Market at West Bend - Part Time
Permanent · Tarrant
Published
Feb 22, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Is Saks Fifth Avenue entering the Indian market?

Published
Feb 22, 2017

Luxury goods retailer Saks Fifth Avenue Inc is planning to partner with Aditya Birla Fashion Retail Limited (ABFRL) for its India entry and is likely to open a store later this year.



The first store is likely to open in Aerocity, near the Indira Gandhi International Airport in Delhi, followed by a second in an upcoming retail project in Mumbai’s Bandra Kurla Complex business district, according to a report in a leading financial daily.

Saks has been in talks with Aditya Birla for more than two years, according to sources.

A spokesperson for Aditya Birla Fashion declined to comment saying the company does not comment on "market stories". Saks did not respond to an email seeking comments while a spokesperson for Bharti Realty declined to comment.

In New Delhi, Saks store will compete with DLF’s luxury mall Emporio, which is home to single-brand luxury stores of Louis Vuitton, Hermes, Giorgio Armani, and Gucci.

Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod’s, as well as premium brands such as Fila and Puma.

Aditya Birla Fashion Retail’s business includes the Madura Fashion division. It sells brands including Van Heusen, Louis Phillipe, Peter England and Allen Solly. The Pantaloons department retail chain it acquired in 2012 is India's largest fashion and apparel retailer with revenue of over Rs6,060 crore in financial year 2016.

In the luxury segment, it operates multi-brand retail chain Collective and has been slowly expanding its portfolio. Last year it announced a partnership with UK-based luxury brand Simon Carter and US-based fashion retailer Forever21.
 

Copyright © 2022 FashionNetwork.com All rights reserved.