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Saks Fifth Avenue renews interest in India's luxury market

from Livemint

American retailer Saks Fifth Avenue sent a delegation of senior executives to size up India's small but fast-growing market for luxury goods, evincing renewed interest in a country it first eyed eight years ago. Saks's senior vice-president of international business ventures David Pilnick, who was accompanied by other senior managers of the retail store chain, met real estate developers, consultants and retailers in Delhi and Mumbai on the visit, according to two people who declined to be named. more


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