Marks and Spencer plans to open a new store on the Champs-Elysees in Paris, according to reports.
La Tribune reported today (31 January) that the retailer will take over a 1,400 sq m space currently occupied by clothing retailer Esprit and could open as early as this summer.
There has been speculation that the retailer is interested in re-entering the French market since November last year. The retailer sold its 38 stores in Continental Europe as part of a group restructuring in 2001.
An M&S spokesperson declined to comment on the rumours.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData