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Marks & Spencer owns 51 stores in Turkey as of 2022. Fiba Retail is the sole agent authorised to open Marks & Spencer stores in Turkey and Ukraine region. [134] Stores in the territories of Hong Kong and Macau were sold in early 2018 to Al-Futtaim Group, a Dubai-based long-term franchise partner. [135] [136]
In 2000, the company shifted to the Marks & Spencer brand. The St Michael name was subsequently adopted as a 'quality guarantee' and appeared for a time as the St Michael Quality Promise on the back of food products, on the side of delivery vehicles and on in-store ordering receipts.
Founded by Henry Cohen, he opened Smart Outfitting Company in 1910, before turning down a chance to join Marks & Spencer, opening Henry's Stores in Market Street, Manchester. The business was a discount department store, and grew to further branches, including Birmingham and Stockport. Stores were purchased in 1968 by British Home Stores. 11 1968
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The insolvent part of the company finally went into liquidation on 2 December 2016, with the remainder of winding up proceedings commencing on that date. BHS customers queue during a closing down sale at Wood Green, London. The Qatari Al Mana Group purchased the company's international franchise stores and online operations in June 2016. [34]
In order to protect their other distribution channels, Corahs sought to develop an alternative brand name for their goods sold through Marks & Spencer. The name agreed by Simon Marks was St Michael, possibly after his father and co-founder of Marks & Spencer, Michael Marks because it could be linked in the public mind with the St Margaret brand ...