Saks Fifth Avenue Archives - Page 2 of 2 - Inside Retail Asia

Saks plans Asian expansion

US luxury department store Saks Fifth Avenue is set to become a global brand. New owner, Canada’s Hudson’s Bay, says it plans to expand the brand into Canada and Europe as well as Asia once it takes control of the business. “We’d be one of the first to have a department store as a global brand,” said Hudson’s Bay Co president Bonnie Brooks, who describes Europe as a possibility and Asia as the most logical new market. Hudson’s plans to open seven Saks Fifth Avenue stores and 20 Off Fift…

Kazakhstan gets Saks

Saks opens its first store in Kazakhstan.