M&S

Franchise News,Franchise In India,The deal with India’s largest ecommerce platform would be just the second market where M&S sells through a third party website. It started selling on China’s Tmall in December 2012.

The two companies have reportedly finalised the terms of the partnership and the final agreement is expected to be signed soon.

An M&S spokeswoman said: “Whilst we always look at new franchise business opportunities, we would never comment on rumour or speculation on our future business plans.”

M&S is believed to have had talks with various e-commerce companies in India including Myntra, Jabong, Snapdeal and Amazon.

Speaking about its partnership with Tmall M&S said teaming up with the platform enabled it to benefit from its “scale, infrastructure and local insight” as well as extending its brand reach and better understanding how the local customer shops online in a “complex market.”

The retailer currently operates in 54 retail territories across the globe.

M&S operates in India with franchise partner Reliance Industries.



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