CHINA: Li & Fung To Take On M&S Hong Kong Stores
Li & Fung could be on the verge of bidding to operate 10 Marks & Spencer stores in Hong Kong, according to a report in the South China Morning Post. The news comes after M&S revealed its shake up plans for the company, which included the closure of most of its non-UK stores and the franchising of its 10 outlets in Hong Kong.
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