Marks & Spencer has now completed steps to secure liquidity for the duration of the COVID crisis.…
M&S to hand Hong Kong and Macau business
M&S is in talks to hand its owned business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The discussions stem from M&S’ strategic review of its international b…
M&S bails on China with store closures
British supermarket giant Marks & Spencer is bailing on China, closing all local stores just twelve months after opening its tenth store in China.…
Retail in Asia’s top 10 stories of 2016
Despite the tough and challenging retail environment in Asia, retailers are innovating more than ever to capture their audiences, whether through new technologies or forms of crowd-drawing entertainme…
Retail in Asia’s top stories of the week (7-11 November)
This week, our top stories included three reasons why British retailer M&S is shuttering their stores in China, what you need to know about Alibaba’s Singles Day and how the inevitable Trump…
3 reasons Marks & Spencer failed in China
Whatever happened to the great Chinese consumer? It’s a question executives at Marks & Spencer Group Plc are asking themselves as the British retailer moves to shutter its 10 stores in Chin…
Marks & Spencer to shutter UK and China stores, not Singapore
Britain’s Marks & Spencer (M&S) said this week it will close around 60 stores in the UK, and will shutter more than 50 international stores, on the back of lacklustre sales growth in its appar…
How mobile is transforming product search, and why voice may be next
Search tools are especially critical to shopper satisfaction, according to a new study conducted by omnichannel personalisation services provider RichRelevance.…