Saks Fifth Avenue Enters India with Reliance Retail for First Luxury Department Store

Introducing American Ultra-Luxury, Curated for India With the inaugural Saks Fifth Avenue India department store planned to open in 2025, Indian shoppers will access the brand’s signature blend of expertly curated designer fashion, beauty, and homeware alongside exclusive client services that define the Saks experience.

This will be the brand’s first store in the country, representing a new era for Indian luxury. Growing Appetite for Prestige: Why India, Why Now? India’s luxury market is currently valued at more than $8 billion, with leading analysts predicting it will become one of the world’s fastest-growing luxury consumer markets by 2030.

This context shapes the Saks/Reliance push—bringing to India the elevated discovery and service-rich format for which Saks Fifth Avenue is known in its 41 North American stores.

Reliance Retail, one of India’s most influential retail conglomerates, has recently accelerated its ultra-premium push through its Premium Brands portfolio, securing exclusive partnerships with iconic houses such as Tiffany & Co., Sandro, and Mothercare PLC, and expanding its international restaurant, jewelry, fashion, and lifestyle footprint…