Home / Knowledge / News / Apparel/Garments / Saks Fifth Avenue comes to luxury zone of Polanco
Saks Fifth Avenue comes to luxury zone of Polanco
22
Oct '10
Retailer Saks Incorporated announced it has expanded its presence in Mexico City by opening its second licensed Saks Fifth Avenue store. The two-level, approximate 82,500 square foot store is located in Plaza Carso, a major new mixed-use development in Mexico City's rapidly growing luxury zone of Polanco. The Plaza Carso development includes luxury residential and commercial towers, a unique cultural space accommodating two of the most important museums in Latin America, a hotel, a performing arts theatre, and an upscale shopping center.

Saks Fifth Avenue has operated a tri-level, 150,000 square foot store in the Santa Fe Shopping Center, an upscale development in Mexico City, since November 2007.

Both Mexico City Saks Fifth Avenue stores are congruent with the Saks Fifth Avenue stores in the United States in product and service, while catering to local tastes and preferences. The stores include distinctive offerings from established and emerging American and international designers and present sought-after collections of fine designer apparel for women and men as well as shoes, jewelry, accessories, handbags, fragrances and cosmetics, intimate apparel, bridal, and select gift items. Saks Fifth Avenue is known for its extraordinary personalized customer service, and the new store will offer an ongoing calendar of special events such as fashion shows and personal appearances by designers.

The Plaza Carso Saks Fifth Avenue store reflects a modern, streamlined design. Some of the features of the store include floor-to-ceiling perimeter glass panels which allow for natural light, a swirling curved staircase made of metal and stone, luxury fitting rooms, and an exclusive valet entrance.

In 2007, the Company entered into a license agreement with Operadora de Tiendas Internacionales, S. A. de C. V. and Prestadora de Servicios OTI, S.A. de C.V., wholly owned affiliates of Grupo Sanborns, S. A. de C. V. ("Grupo Sanborns") to locate and develop appropriate sites for potential Saks Fifth Avenue stores in Mexico. Grupo Sanborns owns and operates both Mexico City stores under the license agreement with Saks Fifth Avenue.

Stephen I. Sadove, Chairman and Chief Executive Officer of Saks Incorporated, commented, "We are so excited to bring a second Saks Fifth Avenue store to Mexico City, especially to the new Plaza Carso center. Since opening our first store in Mexico City in 2007, Grupo Sanborns has been a great partner with Saks to deliver a differentiated, world-class selection of luxury brands and services to the residents of Mexico City. This second location will solidify Saks Fifth Avenue's presence there."

Carlos Hajj Aboumrad, CEO of Operadora de Tiendas Internacionales, commented, "We are pleased to open our second Saks Fifth Avenue Licensed store in Mexico City at Plaza Carso. We are committed to growing the Saks Fifth Avenue brand in Mexico and with this new store, we will build on the strength of our first Saks Fifth Avenue store which opened in Santa Fe, Mexico City in 2007. We look forward to offering Saks Fifth Avenue customers in Polanco the best selection of luxury fashion merchandise and superior service."

Saks Incorporated


Must ReadView All

India mulls new schemes for jobs, textile clusters

Apparel/Garments | On 25th Apr 2018

India mulls new schemes for jobs, textile clusters

India is mulling over alternative schemes for jobs and manufacturing...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Urmil Arya

Sushila International, a well established textile organisation established ...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search