Franchise news and archive

M&S to bring stores to the Philippines

British retailer Marks & Spencer (M&S) has signed a new franchise agreement in the Philippines with PT Mitra Adiperkasa Tbk (MAP), the Indonesia-based lifestyle retailer, to open stores in the region. MAP has operated M&S’ franchise business for over 26 years, both in Indonesia and Vietnam, and will expand the British retailer across Southeast...

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The Children's Place partners with Al Othaim for Saudi Arabia re-enty

Children's wear retailer The Children's Place has entered into a new strategic partnership with Al Othaim Life Company to re-enter the Saudi Arabian market, with initial store openings planned for later this year, including a flagship store in Riyadh. The partnership represents a significant milestone in The Children's Place's broader...

Retail

Primark opens first store in Middle East via franchise partner

Budget retailer Primark has opened its first store in the Middle East as it plots a wider expansion across the region. The new location has been launched via a franchise partnership with Alshaya Group, making it Primark’s first franchise store. Based at Grand Plaza, The Avenues, Kuwait, the retail space, serving as a flagship site, spans 60,000...

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Abercrombie & Fitch to Enter India

American retail group Abercrombie & Fitch is entering India through a multi-year franchise partnership with Myntra Jabong India Private, Ltd. to expand the global reach of its brands in the country. In a statement, Abercrombie & Fitch said that Myntra’s business-to-business wholesale entity, Myntra Jabong, will develop the Abercrombie & Fitch...

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Dick's Sporting Goods announces multi-year partnerships with the Celtics and Red Sox

Dick’s Sporting Goods has partnered with two iconic sports teams in Boston, the Celtics and Red Sox. Signing two multi-year partnerships, Dick’s Sporting Goods is the official sporting goods retail partner for each team franchise. Strengthening the bond between the sportswear retailer and the Boston community, news of the partnerships comes...

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Retail

Seasalt opens first standalone store in New Zealand

Cornish fashion and lifestyle brand Seasalt is continuing its international expansion with its first standalone store with New Zealand-based franchise partner Ballantynes in Auckland. The opening marks Seasalt’s first standalone store with a franchise partner outside Europe and continues a longstanding relationship with New Zealand retailer...

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Retail

River Island to exit Russian market

After only 6 years in the Russian market River Island is to close its 10 store portfolio and cease operations. The UK high street giant stated it's Russian trading partner, Maratex, was due to exit the fashion sphere, leaving 50 percent of the company without an owner. In Russia it is nearly impossible to become the sole owner of a business if...