M&S and River Island eye Australia

Tuesday, 10 December 2013
The UK high street is looking to expand Down Under, with Marks & Spencer and River Island both looking to launch in Australia.

According to reports, M&S is looking at locations in Sydney, Melbourne, Brisbane, Perth, Adelaide and the capital Canberra, while River Island is looking at 20 locations.

The broadsheet Sunday Express said: "Both M&S and River Island have engaged property agents to look for suitable properties in all the major Australian cities. They are both very popular Down Under, especially M&S. Add to that the cultural similarities, it presents a very big opportunity for them."

Earlier this year, M&S said that it wanted to reduce its dependency on the UK and increase its focus on international territories. The company trades from 431 stores across 53 countries outside the UK.

In September, River Island chief executive Ben Lewis said the retailer will step up its global expansion. It already operates in 14 countries and has recently launched a dedicated Australian website, with bricks & mortar stores set to follow.

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