Marks & Spencer’s Food Sales Growth Dips After Cyberattack: Report
The report notes that while M&S’ market share ticked up 10 basis points (bps) on the year to 3.7 per cent, it was down from the earlier reading of 3.8 per cent
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M&S Adds Puma & Reebok To “Brands At M&S” Portfolio
- by BW Retail World Bureau
- February 17, 2024
British retailer Marks & Spencer said on Thursday that it has partnered with Puma and Reebok to expand its external brand portfolio. M&S said that approximately 140 goods from athletic companies would be added to its website in February and March. The firm started its “Brands at M&S” plan in 2021 to attract younger customers, […]
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Reliance Retail In Talks To Raise $1.5 Bn From Sovereign Wealth Funds
- by BW Retail World Bureau
- September 14, 2023
Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]