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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...

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...

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...

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...

From World Retail Congress: H&M is Top Performing Retail Brand in Europe

Forrester Research today unveiled its list of the Top Performing European Retail Brands at the World Retail Congress.Jez Hampton, group chief executive, Interbrand, presented the list of 25 retailers, and also highlighted the specific features of operation that had...

M&S voucher drive raises stock fears

Marks & Spencer has distributed 800,000 discount vouchers offering 20 per cent off clothing, food and homewares this weekend as the retailer attempts to drive sales in the final weeks of its financial year, according to a report in...

M&S sales fall

Leading UK retailer Marks & Spencer (M&S) revealed its first fall in sales in two-and-a-half years and warned that trading could remain difficult into 2009.The company’s shares slumped 20 per cent in early trading - wiping £1.7bn from its...

ND Wines launches new domestic range

Looking at the burgeoning wine market of India, ND Wines has introduced four new wines in the country.The company, which supplies to retail majors like M&S, Tesco and J Sainsbury, now has 10 domestic wines in its portfolio.“With growing...

Marks & Spencer in Mangalore

There is good news for Mangaloreans, especially for those longing for foreign brands, as Britain’s famous retailer Marks & Spencer (M&S) will be coming soon as a joint venture foray.This is part of the British retailer’s larger global business...
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From vending machines to café chain: Roastea eyes 100 outlets in 5 years, Rs 350 crore in 3 years

Founded in 2019, the brand closed FY 2024 with revenue of approximately Rs 60 crore and aims to double...
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