Marks & Spencer is reportedly in talks with several companies in India about setting up a joint venture in the country.
The retailer already has 12 stores in India as part of a franchise agreement with Planet Retail Group but a separate joint venture would accelerate M&S' expansion, according to reports in The Times.
“We have worked with Planet Retail for six years,” a spokeswoman told the paper. “We are talking to them and other organisations about opportunities to grow the business but it is too early to say what we will do.”
The retailer already has 12 stores in India as part of a franchise agreement with Planet Retail Group but a separate joint venture would accelerate M&S' expansion, according to reports in The Times.
“We have worked with Planet Retail for six years,” a spokeswoman told the paper. “We are talking to them and other organisations about opportunities to grow the business but it is too early to say what we will do.”
![Farm to Foodhall - Honey[83]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/380x253/3/3/4/321334_farmtofoodhallhoney83_279157_crop.jpg)
No comments yet