UK: Tesco tight-lipped on F&F Russia entry
Tesco last year announced plans to expand its F&F clothing brand
UK retail giant Tesco has declined to comment on reports it is looking to open F&F clothing stores in Russia, as part of wider expansion plans.
According to a Reuters report, the company has expressed interest in the Russian market. It added that Tesco would likely partner with Debruss to open the F&F stores, with the first expected to open in Moscow during the fourth quarter of this year.
However, a spokesperson for Tesco told just-style today (14 February): "We don't comment on rumour or speculation."
Yesterday, F&F announced the opening of its first three stores in the Philippines through a franchise agreement with local partner Stores Specialist.
It came nearly a year after Tesco said it would expand the F&F clothing brand into new markets across the Middle East and Central Asia, with plans to open more than 50 franchise stores over the next five years.
Tesco Corporation - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offeri...
Some 190 companies have now signed the Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in Dhaka, which killed more than 1,100 people last yea...
Project Synopsis: MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity unde...
Tesco PLC (TSCO) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData...
Apparel products sold by Tesco are expected to benefit from strengthening of the private label F&F and the expanding space dedicated to apparel in hypermarkets. The Cherokee brand is no longer present...
- 2014: Year in review - Sourcing winners and losers
- COMMENT: The decline of the buying office
- 2014: Year in review - Brand winners and losers
- 2014: Year in review - Retail winners and losers
- Bangladesh: Raising the bar on apparel exports?
- Report urges overhaul of Cambodia factory safety
- Bangladesh knitting worker killed by faulty lift
- Bangladesh factory improvements “will take years”
- North Face debuts locally-grown "backyard" hoodie
- Tommy Hilfiger launches solar-powered jacket