UK’s M&S to close 11 franchise stores in France after Brexit By Reuters
LONDON (Reuters) – British retailer Marks & Spencer (OTC:) said it would close all 11 franchise stores with partner SFH in France over the coming months after new trade rules in place since Britain left the European Union hit product availability.
According to the group, nine of its franchises with Lagardere Retail Retail will continue trading and both sides continue their work on creating a sustainable business model.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.