New Luxury Mall Opens in Kazakhstan

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Photo Credit: Getty Images

Many luxury retailers are thinking globally by expanding into new markets, new destinations, and of course, new fashion hotspots. This fall luxury brands such as Louis Vuitton, Burberry, Gucci, Ralph Lauren, and Saks Fifth Avenue will open in Almatay,Kazakstan at the Esentai Mall. An opening party was held on October 19th to honor the occasion.

The event featured a champagne and cocktail reception with live performances on the red carpet, and a fashion show. Guests included supermodel Eva Herzigova and Teresa Maxova. The Esentai Mall is part of Capital Partners’ wider Esentai Park development in Almaty that will also comprise of offices, a luxury hotel,(The Ritz Carlton perhaps?) and residential towers. Kazakhstan, is known as the financial center of Central Asia, and has become one of the fastest emerging markets in leisure and business.

Supermodel Eva Herzigova and Teresa Maxova
Photo Credit: Getty Images

Photo Credit: Getty Images

 

 

5th Avenue Welcomes Massimo Dutti

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Massimo celebrated the opening of their first U. S. store with a soiree on October 11th and the following day it opened to the public. The retailer shares the same parent as Zara (Inditex of Spain) and took over the space at 689 Fifth Avenue that was previously occupied by Zara. Unlike its sister retailer, Massimo is not trendy “fast fashion” but rather offers European styled tailored clothing in an upscale environment. The store offers three floors with the second floor devoted to men and the lower two to women. Its target demographic is an urban consumer aged 25 to 45 and the retailer launched their U.S. web site the same day. Remarkedly, the retailer has 268 stores in 68 countries so look for more locations to open here in the future.