Автор
Reuters
Опубликовано
2 янв. 2018 г.
Скачать
Загрузить статью
Печать
Размер текста

Marks & Spencer sells Hong Kong business to partner Al-Futtaim

Автор
Reuters
Опубликовано
2 янв. 2018 г.

Marks & Spencer has sold its retail business in Hong Kong and Macau to its franchise partner Al-Futtaim as it retreats from international markets to focus on its core business in Britain, the company said on Tuesday.


AFP



Al-Futtaim, which already operates 72 M&S stores across 11 markets in Asia and the Middle East, purchased 27 shops in the deal, which completed on Dec. 30, M&S said.

The move follows a strategic review by M&S in November 2016, in which the company laid out plans to shut more than 80 stores at home and abroad as well as to seek joint ventures and franchise partnerships.
 

© Thomson Reuters 2024 Все права защищены.