Home Fashion Marks & Spencer Reliance India appoints James Munson as MD

Marks & Spencer Reliance India appoints James Munson as MD

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has announced the appointment of as Managing Director. James replaces who is leaving Marks & Spencer on April 20 to pursue a new role as Chief Commercial Officer for Trent Limited.

eBay and Flipkart Sign Exclusive Agreement to Jointly Address the eCommerce Market Opportunity in India Accelerating and maximizing the opportunity in India in partnership with Flipkart San Jose, CA and Bangalore, India – April 10, 2017 – eBay Inc. (NASDAQ: EBAY), a global commerce leader, and Flipkart, a leading eCommerce company in India, have agreed to jointly pursue eCommerce opportunities in the Indian market. In exchange for an equity stake in Flipkart, eBay will make a 0 million cash investment in and sell its eBay.in business to Flipkart. Flipkart will own and operate the eBay.in business upon the close of the transaction. eBay and Flipkart have also entered into an exclusive agreement in which they will jointly pursue cross-border trade opportunities to make eBay’s global inventory accessible to more India consumers, while eBay’s millions of active buyers globally will have access to more unique Indian inventory provided by Flipkart. “The combination of eBay’s position as a leading global eCommerce company and Flipkart’s market stature will allow us to accelerate and maximize the opportunity for both companies in India,” said Devin Wenig, President and CEO of eBay Inc. “eBay is committed to winning in India in partnership with Flipkart. Our exclusive global trade partnership will allow eBay and Flipkart to reach even more consumers around the world.
Munson is a seasoned retail professional with over 20 years of experience in the industry, including six years working in India and the Czech region

Munson will be responsible for continuing to grow Marks & Spencer’s joint venture business in India with Reliance Retail. With 57 stores across 27 cities, India has the largest number of Marks & Spencer stores outside of the UK. The retailer is also growing its online reach across the country via leading fashion platforms Myntra, AJIO and most recently with Amazon. Munson will commence his new role in May.

Munson is a seasoned retail professional with over 20 years of experience in the industry, including six years working in India and the Czech region. He joined Marks & Spencer in the UK in 2006 as an experienced manager from BHS. He has held various leadership positions across the business including Store Manager at Camberley and Kingston, two of Marks & Spencer’s largest UK stores. In 2011, he was appointed as Marks & Spencer Reliance India’s Head of Retail including responsibilities for Supply Chain and Visual Merchandise. In 2014, James was appointed Managing Director of the Czech Group with responsibility for 48 stores in Czech Republic, Slovakia, Poland, Lithuania, and Estonia.

Marks & Spencer’s Regional Director of Europe, India and Greater China, said: “We are delighted to appoint James Munson as our new Managing Director for our India business, one of our fastest growing markets. James has extensive retail experience and solid understanding of our India business. We would also like to thank Venu for his contribution to Marks & Spencer over the last 14 years. He leaves with our best wishes for the future.”

Commenting on his appointment, Munson said: “I’m thrilled to be returning to India and have the opportunity to put our Indian customers at the heart of everything we do. As one of our key growth markets, this is a really exciting time to be re-joining the team.”