Marks & Spencer signs new Philippines franchise deal

Marks & Spencer has signed a new franchise agreement in the Philippines with PT Mitra Adiperkasa Tbk, as the retailer looks to accelerate its international growth through strategic partnerships.
The deal will see M&S work with Universal Fashion Philippines Inc, a subsidiary of PT Mitra Adiperkasa Tbk, known as MAP, to relaunch its fashion, home, beauty and food offer in the market later this year.
The first store under the new partnership is set to open in Glorietta in Manila.
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