SAKS FIFTH AVENUE to launch in Kazakhstan in 2012

American department store chain SAKS FIFTH AVENUE announced the planned opening of a licensed store in Almaty, Kazakhstan in August 2012. The tri-level, approximate 91,000 square foot store will be located in the Esentai Shopping Mall which will be the first of its kind in Kazakhstan. In addition to being anchored by Saks Fifth Avenue, the Esentai Shopping Mall will include a large selection of luxury fashion and jewelry brand stores. The shopping Mall will be part of Esentai Park, a new mixed-use center which includes luxury residential and commercial towers as well as a five-star hotel.

The Almaty Saks Fifth Avenue store will be congruent with the Saks Fifth Avenue stores in the United States in product and service, while catering to local tastes and preferences. The Saks Fifth Avenue store in Almaty will reflect a modern, streamlined design and will feature a three-story high, state-of-the-art digital video screen on the facade of the building.