No Result
View All Result
  • Login
Monday, August 15, 2022
Afternoon Voice
SUBSCRIBE
  • Home
  • Top News
  • City News
  • Nation
  • World
  • Business
  • Entertainment
    • Bollywood
    • Hollywood
  • Sports
    • Cricket
    • Hockey
    • Tennis
    • Football
    • Badminton
  • Editorial
  • Opinion
    • Column
    • Diary
    • Letters
  • Epaper
  • More
    • Editor’s Pick
    • Featured
    • Lifestyle
    • Different Strokes
    • Multimedia
    • Sci-Tech
    • Politics
No Result
View All Result
  • Home
  • Top News
  • City News
  • Nation
  • World
  • Business
  • Entertainment
    • Bollywood
    • Hollywood
  • Sports
    • Cricket
    • Hockey
    • Tennis
    • Football
    • Badminton
  • Editorial
  • Opinion
    • Column
    • Diary
    • Letters
  • Epaper
  • More
    • Editor’s Pick
    • Featured
    • Lifestyle
    • Different Strokes
    • Multimedia
    • Sci-Tech
    • Politics
No Result
View All Result
Afternoon Voice
No Result
View All Result
  • Home
  • Top News
  • City News
  • Nation
  • World
  • Business
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Epaper
  • More

Home > City News > Marks & Spencer plans to open 100 stores in India by 2016

Marks & Spencer plans to open 100 stores in India by 2016

afternoonvoice@gmail.com' by Afternoon Voice
May 20, 2014
in City News
A A
0

Britain’s largest clothing retailer Marks & Spencer on Tuesday said it will open a hundred stores in India by 2016 instead of 86 as planned last year. The clothing retailer, which runs 40 stores in the country, said its Indian same-store-sales grew 13 percent in the fiscal year ended March 2014.
Same-stores-sales is a key performance metric for retailers and measures sales growth at stores open for more than a year. Comparative figures from a year earlier were not available.
Three years ago, M&S identified India as a priority market and Chief Executive Marc Bolland last year said the company planned to offer more stylish and fashionable clothes to Indians after years of struggling with brand positioning in the country. M&S faces tough competition in India from the world’s biggest fashion retailer Inditex SA and its Zara brand.
Marks & Spencer operates in India in a joint venture with Reliance Retail, a unit of billionaire Mukesh Ambani’s Reliance Industries. “Together with our partner Reliance Retail, we are continuing to invest into accelerating our growth in India as we build a leadership position in the market,” said Venu Nair, Managing Director of Marks & Spencer Reliance India.

afternoonvoice@gmail.com'

Afternoon Voice

Recommended For You

Police, Mumbai
City News

Seven People arrested in Delhi for posing Mumbai police officers and robbing wellness centre

August 15, 2022
Mohan Bhagwat hoists Tricolour at RSS headquarters in Nagpur
Nagpur

Mohan Bhagwat hoists Tricolour at RSS headquarters in Nagpur

August 15, 2022
Eknath Shinde, Shiv sena, maharashtra, OBC, Maratha, Dhangar ,
City News

CM Shinde says, “The Maha govt committed to extending reservation benefits to OBCs, Marathas and Dhangar”

August 15, 2022
Eknath Shinde. Hosting, Independent day, Maharashtra, Mumbai, India, Thane
City News

Independence Day: Maharashtra CM Eknath Shinde hoists the national flag

August 15, 2022
Independence Day
City News

4000 people participated in “Tiranga Yatra” at Mumbai ahead of Independence Day

August 14, 2022
arrested
City News

BMC staffer gets 3 months imprisonment for calling corporator ‘gudiya’

August 14, 2022
ADVERTISEMENT

LATEST

Police, Mumbai

Seven People arrested in Delhi for posing Mumbai police officers and robbing wellness centre

August 15, 2022
Priyanka Chaturvedi

‘Look inwards and on BJP’s attitude towards women’, says Opposition on “Nari Shakti” remark

August 15, 2022
2 soldiers were injured in encounter with militants in Nagalan

2 soldiers were injured in encounter with militants in Nagalan

August 15, 2022
Boris Johnson

UK PM Borris Johnson talks about strengthening ties with India

August 15, 2022
Shashi Tharoor

Congress leader Shashi Tharoor states “MLA K T Jaleel should apologise to the nation”

August 15, 2022
ADVERTISEMENT
Afternoon Voice

© 2022 Newsmakers Publications Pvt. Ltd. | All rights reserved.

Important Links

  • Disclaimer
  • Privacy Policy
  • About Us
  • Contact Us
  • Support Parallel Media

Follow Us

No Result
View All Result
  • Home
  • Top News
  • City News
  • Nation
  • World
  • Business
  • Entertainment
    • Bollywood
    • Hollywood
  • Sports
    • Cricket
    • Hockey
    • Tennis
    • Football
    • Badminton
  • Editorial
  • Opinion
    • Column
    • Diary
    • Letters
  • Epaper
  • More
    • Editor’s Pick
    • Featured
    • Lifestyle
    • Different Strokes
    • Multimedia
    • Sci-Tech
    • Politics

© 2022 Newsmakers Publications Pvt. Ltd. | All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?