Marks & Spencer launched 46 websites in new markets
What: the retailer expands its online reach to over 100 countries
Why it is important: M&S reported a 75% increase in international online sales last November
The group said the expansion into countries from Argentina and Brazil to South Korea and Pakistan was part of its strategy to accelerate its online business.
When M&S published first-half results in November it reported a 75% increase in international e-commerce sales, underlining the shift in online spend throughout the COVID-19 pandemic.
“We’re focused on turbocharging our online business both in the UK and internationally, and as part of this we see a real opportunity in extending the number of countries where we run an online channel further,” said Paul Friston, M&S’s international director.
The websites will offer M&S’s clothing and home products.
In January, rival John Lewis said it was no longer pursuing international expansion and had ceased its online delivery service.
M&S EXPANDS INTERNATIONAL ONLINE BUSINESS
M&S expands online business to over 100 countries
