LONDON (Reuters) - Britain's Marks & Spencer has appointed Tata Consultancy Services (TCS) as its technology partner and is targeting annual efficiency savings of about 30 million pounds ($40.5 million) in the area by 2021-22.
As niche and mass labels flood the women's apparel segment, the British retail brand halves prices in some categories and gets more local with its styles
REUTERS - Marks & Spencer has opened talks to sell its wholly owned Hong Kong and Macau stores to franchise partner Al-Futtaim, the British company said on Wednesday.
M&S, whose shares have fallen 22% so far this year, reported a 19% slump in first-half profit on Tuesday and another decline in quarterly clothing sales