Saks Fifth Avenue Set To Enter India With Reliance

Reliance Retail is bringing the American luxury store Saks Fifth Avenue to India as part of its push into the luxury market

In its earnings report on Thursday, Reliance Industries shared that its premium brands division has signed a franchise deal for Saks Fifth Avenue in India

Founded in 1924, Saks Fifth Avenue is known for its range of luxury fashion and personalised customer service

Saks Fifth Avenue operates 41 stores across North America

Reliance Retail has entered into a franchise agreement with the global luxury retailer to cater to the super-luxury segment in India