Marks & Spencer has renewed its commitment to its Irish operations, as it confirms the closure of a host of stores around the world.
The UK retailer has announced a major restructuring this morning under new chief executive Steve Rowe, in tandem with its half year results.
The group plans to close 53 wholly-owned stores across 10 different countries, including 10 outlets in China and seven in France. However, it says it will continue to operate its 17 wholly-owned stores here, in Hong Kong and the Czech Republic due to their profitability, strong brand awareness and loyal customers. Read More via NewsTalk.