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Business

Ted Baker announces new territory licence deals

British fashion and lifestyle brand Ted Baker has entered into new territory license deals in the Middle East and North Africa and Indonesian as it looks to enhance its digital and asset-light growth. In the Middle East and North Africa, Ted Baker has extended its current agreement with the Al-Futtaim Group for retail, alongside new wholesale...

11 Mar 2021

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Business

Al-Futtaim acquires Marks and Spencer Hong Kong retail business

Marks and Spencer has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its “long-established franchise partner” Al-Futtaim. The retailer has been working with Al-Futtaim since 1998 when it opened Dubai’s first Marks and Spencer store and confirmed that the sale was completed on December 30, making Al-Futtaim the...

2 Jan 2018

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