UK retailer Marks & Spencer is opening its first outlet in Taiwan next month, with two more planned by the end of the year according to local media reports.

Marks & Spencer Taiwan is 60% held by the British retailer and 40% by its local partner President Chain Store.

The first Marks & Spencer store will be in the southern port city of Kaohsiung, with two more stores due to open in Taipei by the end of the year.