Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau

Marks & Spencer has offloaded its 27-store Hong Kong business to its long-time franchise partner Al-Futtaim. The British retailer will be selling its stores in the area to long-term franchise partner Al-Futtaim for an undisclosed amount. Dubai-based Al …
( read original story …)