Saks Fifth Avenue Coming to ... Kazakhstan

Luxury retailer to open 3-story location in August 2012
By Newser Editors and Wire Services
Posted Jul 5, 2011 10:01 AM CDT
In this file photo taken May 4, 2010, the exterior view of a Saks Fifth Avenue store is seen in San Francisco.   (AP Photo/Paul Sakuma, file)

(Newser) – Soon the fine and fashionable people of Kazakhstan will be able to shop in added style: Luxury retailer Saks said today it will open a Saks Fifth Avenue store in August 2012. Saks plans to license the store, which will be built in the former capital of Almaty. Financial terms were not disclosed. The store will be three levels and 91,000 square feet. Saks operates 46 Saks Fifth Avenue stores, 57 Saks Fifth Avenue Off 5TH outlet stores and Saks Fifth Avenue also has licensed stores in Riyadh and Jeddah, Saudi Arabia; Dubai, United Arab Emirates; Mexico City; and Manama, Bahrain.

My Take on This Story
Show results without voting  |