M&S sells HK, Macau retail franchise
Marks & Spencer has sold its retail business in Hong Kong and Macau to its franchise partner Al-Futtaim, the British clothing and food chain confirmed earlier this week, international business newswires reported yesterday.According to the report, the sale, which was completed on Saturday for an undisclosed amount, means that Al-Futtaim is now the sole franchisee of the 27 M&S shops in Hong Kong and Macau.The reports pointed out that Al-Futtaim has partnered with M&S since 1998 when
January 4, 2018 | BY admin