M&S begins talks to franchise stores in Hong Kong and Macau

London - Marks & Spencer may be pulling out of certain loss-making international markets, but that has not stopped the British department store from strengthening its relationship with its established franchise partners. M&S revealed on Wednesday morning that it has begun talks with its long-running franchise partner Al-Futtaim for the potential purchase and franchising its owned retail business in Hong Kong and Macau.