US high-grade retailer Saks will enter into China

The news from England <> show that US famous high-grade retail company-Saks claim that it plan to open "Saks Fifth Avenue" high-grade department store in China mainland and Macao, its first department store is decided to open in Shanghai Waitan, which means that a new name is added in the expanding list forluxury product retailers .

The spokesman of Saks company show that the chain store in Saks fifth AV make no outstanding achievement. China means increasing opportunity and new income for company.

China cooperator of Saks company is a private company Roosevelt China Investments which is granted brand management right of "Saks fifth AV"and will take charge of address-choice , exploration, and management of potential store.