M&S
Retail Hub
Malls upbeat about sale season, to counter deep e-discounts with selective promotions
According to an Assocham report, Indian consumer demand is currently seeing good growth of around 40 per cent in the ongoing Diwali season, as compared to 2015. Assocham has estimated that Indian consumers are likely to spend over Rs...
Retail
Japanese Retailer Uniqlo Plans to Open 1,000 Outlets in India
Japanese retailer Uniqlo plans to open around 1,000 outlets in India and also intends to source garments from the country, according to sources familiar with the development, states a leading daily.
Tadashi Yanai, Chairman and CEO, Uniqlo revealed the plans...
Retail
M&S India to increase local sourcing
Marks and Spencer Reliance India (M&S India) has said it will increase its sourcing of local merchandise to 70 per cent in the next two years for its Indian operations. It is also extending its business to Tier 2...
Retail
Marks & Spencer reveals 13 per cent profit rise and store revamp
High street bellwether Marks & Spencer narrowly beat City expectations on Tuesday by declaring a 13 per cent increase in profits in its last financial year.The retailer also gave an update on its revamped store design, a result, it...
Fashion & Lifestyle
Ethical Fashion Symposium at SLDF 2010
The 2010 Sri Lanka Design Festival (SLDF) will be held this year from the 11th-17th November 2010 in Colombo. This event will showcase the best of Sri Lankan design and ethical and sustainable manufacturing practices on a global platform....
Retail
M&S walks out of Taiwan
After 14 months of operations in the country, Marks and Spencer has decided to close all its stores in Taiwan.
Three stores will be shut in the next few weeks after they failed to attract enough shoppers. The company is...
Retail
M&S to end franchisee agreement with Planet Retail
After the Foreign Investment Promotion Board (FIPB) had allowed Marks and Spencer an induction of 51 per cent foreign direct investment (FDI) for single-brand retail trading in the country, the UK-based retailer has decided to conclude its six-year-old franchisee...
Retail
M&S to expand India operations
British retailer Marks and Spencer, who had recently signed a joint venture with Mukesh Ambani-led Reliance Retail in India, has planned to add around 50 new stores to its existing tally of 14 stores in the country by the...
Retail
Planet Retail might lose M&S franchise
The UK-based Marks & Spencer (M&S), which is present in India through a franchise agreement with Planet Retail, might consider closing down the deal as the company has recently signed a joint venture with Reliance Retail to set up...
Retail
M&S partners Reliance Retail to form Tapti
Aiming to establish Marks & Spencer as a major retail brand in India, the UK-based Marks and Spencer Group has entered into a joint venture with Reliance Retail, the retailing arm of Reliance Industries, to form Marks and Spencer...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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