UK retail giant Marks & Spencer will debut in Guangzhou, capital of Guangdong Province, and Beijing with wholly-owned flagship stores, while deepening cooperation with online shopping platforms as part of its transformation in China.
It will close some outlets in Shanghai’s surrounding areas and will also seek local partners to expand in China, the company said in a statement on Tuesday.
Two M&S Shanghai stores on Huaihai Road M. and Nanjing Road W. will stay open, it hinted.
(Source: Shanghai Daily)