PropertyEU

M&S to open 50 new stores in Central and South East Europe

By A staff reporter 2008-02-29T00:00:00

UK retail chain Marks and Spencer Group said on Friday it has acquired 50% of M&S Marinopoulos, its franchise partner operating 38 M&S stores in Greece, a number of Balkan states, including Romania and Bulgaria, and Switzerland for EUR 50 mln cash. The joint venture plans to open up to ...

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