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Showing posts with label Marks and Spencer. Show all posts
Showing posts with label Marks and Spencer. Show all posts

Monday, 28 November 2011

Welcome back to Paris, Marks and Spencer

It has been a decade since British retailer Marks and Spencer (M&S) quit France, shutting all of its 18 stores and firing 1,700 people.

In fact in 2001 M&S, under the then-chairmanship of Luc Van de Velde, closed all 38 of its European stores with the loss of 3,350 jobs across the continent.

Marks and Spencer reopening in Paris (screenshot from France 24 report)

Since last Friday though, they're back - in France at least - with the opening of a flagship store in the capital Paris at an address that has not gone unnoticed in the press; 100 Avenue des Champs-Élysées, "la plus belle avenue du monde" (the most beautiful avenue in the world" as the celebrated street is often called.

It opened its doors on November 24 choosing the location because it "wanted to find a prestigious address and return with a new image," as Michelle Lamberti, the company's marketing director is quoted as saying in the monthly women's magazine Marie Claire.

Although all those expat Brits - no matter how misty their memories or tenuous their ties with Blighty might have become - may have had high hopes of being able to get their hands on traditional British fare (yes there really is such a thing) they'll likely be disappointed by the reopening.

Because as the British daily The Guardian reports, the emphasis of the flagship store (there are another three scheduled to be opened in the Paris region) is most definitely not on food.

The grub is there but it's apparently squeezed into just 100 square metres of the store's 1,400 square metres of retail space.

The emphasis will be on clothing, a decision chief executive Marc Bolland defended as being a practical one.

"Let's be honest, nobody comes to the Champs Elysées to do their weekly shop," he told The Guardian.

Can't argue with that.

The company has also launched a French language website for anyone not able to make it to Paris.

Time to stock up on warm underwear and pullovers as France prepares for winter and a chance for a spot of stay-at-home Christmas shopping perhaps.

In any case, rebonjour Marks and Spencer.


Wednesday, 2 February 2011

Marks and Spencer planning return to France

It's news to fair warm the cockles of any expat Brit's heart - no matter how misty their memories or tenuous their ties with Blighty might have become.

Oh yes, and the French surely won't be too disgruntled either.

British retailer Marks and Spencer (M&S) is reportedly on the brink of returning to France.


And what a comeback!

According to the French financial daily La Tribune, M&S boss Marc Bolland is close to a deal to take over the spot at 100 Avenue des Champs-Élysées in Paris currently occupied by the clothes retailer Esprit.

The paper reports that Esprit staff were told of the decision last week and that they'll be taken on when M&S opens its doors on "la plus belle avenue du monde".

Apparently not all of them were exactly thrilled at the prospect with one of them telling the paper, "We're very disappointed, we feel cheated."

Well there's no pleasing some people perhaps.

M&S is remaining tight-lipped about the whole thing at the moment and refusing to comment on what it calls "rumour and speculation regarding stores".

But as the Britain's Daily Telegraph points out, Bolland opened the door to a possible return across the Channel in releasing plans last November as to how the company intends to "grow business" as its website puts it, over the next five years.

"While we have 337 stores in 41 territories overseas, we are essentially a UK retailer that exports," he said.

"We have an opportunity to move on from this and become a more international retailer, reducing our dependency on the UK economic cycle."

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8293716/Marks-and-Spencer-plans-return-to-Paris.html

M&S shut up shop at all of its 38 European stores, including 18 in France, in 2001 with the loss of 3,350 jobs across the continent.

In March of that year the then-chairman, Luc Van de Velde, sent the company's 1,700 employees in France an email, informing them of the decision.

He's Belgian - which maybe explains his lack of manners!
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