{"id":1238,"date":"2017-02-20T18:19:37","date_gmt":"2017-02-20T12:49:37","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=1238"},"modified":"2017-02-20T18:19:57","modified_gmt":"2017-02-20T12:49:57","slug":"saks-appoints-aditya-birla-fashion-to-open-first-indian-outlet","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/saks-appoints-aditya-birla-fashion-to-open-first-indian-outlet\/","title":{"rendered":"Saks appoints Aditya Birla Fashion to open first Indian outlet"},"content":{"rendered":"<p>Ultra-luxury retail business in new-age India will be founded on old money. North America\u2019s oldest commercial firm is partnering Aditya Birla Group, whose origins date back to 1857, to start Saks Fifth Avenue outlets in a country that once boasted of the poshest store east of the Suez.<\/p>\n<p>Hudson\u2019s Bay Co.-owned Saks, which competes with Macy\u2019s Inc. and Kohl\u2019s Corp. for customers of designer or limited-edition footwear, clothing, and accessories, will help Indian shoppers live the Fifth\u00a0Avenue experience in New Delhi\u2019s Aerocity, according to three people familiar with the development.<\/p>\n<p>Saks has appointed Aditya Birla Fashion and Retail as the India franchisee and the first outlet is expected to come up in Bharti Realty\u2019s Worldmark 2, said one of the persons with direct knowledge of the negotiations.<\/p>\n<p>Read more:\u00a0<a href=\"http:\/\/economictimes.indiatimes.com\/industry\/cons-products\/fashion-\/-cosmetics-\/-jewellery\/saks-appoints-aditya-birla-fashion-to-open-first-indian-outlet\/articleshow\/57240329.cms\" target=\"_blank\">The Economic Times<\/a><\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ultra-luxury retail business in new-age India will be founded on old money. North America\u2019s oldest commercial firm is partnering Aditya Birla Group, whose origins date back to 1857, to start Saks Fifth Avenue outlets in a country that once boasted of the poshest store east of the Suez. Hudson\u2019s Bay Co.-owned Saks, which competes with\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/saks-appoints-aditya-birla-fashion-to-open-first-indian-outlet\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[],"class_list":["post-1238","post","type-post","status-publish","format-standard","hentry","category-city","category-delhi"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1238"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1238\/revisions"}],"predecessor-version":[{"id":1239,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1238\/revisions\/1239"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}