M&S expands in the east
MARKS & Spencer has signalled an expansion in eastern Europe, having snapped up a 51 per cent stake in its franchise partner COMS for 13.6 million (£10.5m).
The business operates 13 M&S stores in the Czech Republic, Slovakia, Latvia and Lithuania. The new joint venture plans to open about 30 more stores in those markets, as well as Estonia. M&S wants overseas operations to bring in 15 to 20 per cent of revenues by 2011.
Email to a friend
Print this page- Rangers run into the ground as furious HRMC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers blame HMRC for driving club to brink of administration
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Wednesday’s football news and gossip
- The Rumour Mill: Tuesday’s football news and gossip
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Thursday 16 February 2012
Today
Cloudy
Temperature: 5 C to 10 C
Wind Speed: 21 mph
Wind direction: South west
Tomorrow
Light rain
Temperature: 5 C to 10 C
Wind Speed: 20 mph
Wind direction: South west
