Saks to expand Saks Fifth Avenue's stores into China
18 Apr '06
3 min read
The Saks Fifth Avenue store is expected to be approx. 300,000 square feet and cover four floors. The location will be congruent with the Saks Fifth Avenue stores in the United States in both product and service, while being sensitive to local preferences and customs.
The Shanghai store will include distinctive offerings from established and emerging Asian, European, and American designers and will present an enviable collection of fine designer apparel, shoes, jewelry, accessories, handbags, fragrances and cosmetics, intimate apparel, bridal, and select gift items under one roof. It will offer an extraordinary program of personalized customer service and expects to offer numerous in-store amenities such as luxury fitting rooms, specialty cafes, and a spa. The unique store will also offer an abundant calendar of special events such as fashion shows and personal appearances by designers.
Tweed Roosevelt, Chairman of Roosevelt China Investments Corp, said, "We are delighted to be working with Saks Incorporated on this important project which is very exciting and beneficial for all involved.”
Tin Tse, President of Roosevelt China Investments Corp, said, "The extraordinary growth of the economy in China created many new customers for high end merchandising. The time is ripe for a first class American retailer to establish a presence in China to meet this rapidly growing demand. Saks is the ideal store to meet this need, and we are honored to partner with this premier American retailer."
marketing@alchempro.com
