M&S commences franchise talks for Hong Kong, Macau biz

Marks & Spencer (M&S) has initiated talks with its long-established franchise partner Al-Futtaim, for the potential purchase and franchising of M&S’s owned retail business in Hong Kong and Macau. The company said in a statement that conclusion to these discussions would see Al-Futtaim become the new sole franchisee for M&S in Hong Kong and Macau.