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Stephen Rayfield

Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau

Marks & Spencer (M&S) has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on 30 December, sees Al-Futtaim become the new sole franchisee...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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