M&S seeks to crack America with clothing launch [Yahoo! Finance]
Target Corporation (TGT)
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Source: Yahoo! Finance
Marks & Spencer is preparing to launch its clothes in US stores for the first time in its 142-year history as it aims to crack America. The retailer's womenswear range will be available in 30 Nordstrom stores across America, including New York and Los Angeles, from Friday, April 3. The collection will feature a curated selection of more than 60 of M&S's bestselling items. The launch of the range comes after M&S struck a partnership deal with Nordstrom, a department store that already has agreements with other UK brands including Next and Topshop. M&S sells food in the US through a partnership with American supermarket Target, as well as a fashion range in Australia. However, the latest tie-up marks a landmark moment for M&S in that it will see its clothes sold in American shops for the first time since the British high street stalwart was founded in 1884. M&S has been seeking to boost sales by expanding overseas. Archie Norman, the M&S chairman, has said the company needed
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- 1 Large-Cap Stock for Long-Term Investors and 2 We Avoid [Yahoo! Finance]Yahoo! Finance
- Marks & Spencer turns to Nordstrom stores for its fashion debut [Yahoo! Finance]Yahoo! Finance
- Marks & Spencer To Try Again In U.S. With Nordstrom Womenswear Tie-Up [Yahoo! Finance]Yahoo! Finance
- Target Dress Code Shift Ties Store Image To Investor Watchpoints [Yahoo! Finance]Yahoo! Finance
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