Founded in the United Kingdom in 1884, M&S has grown into an international retailer with physical stores, e-commerce and franchise operations across multiple markets, including Europe, Asia and the Middle East. The company plans to return to the Philippines through a new franchise agreement with Indonesia-based PT Mitra Adiperkasa Tbk. – Photo: Marks & Spencer corporate information
MANILA — Marks & Spencer is preparing to return to the Philippines under a new franchise agreement with Indonesia-based PT Mitra Adiperkasa Tbk (MAP), marking a new phase for the British retailer in a market where it has operated since 1984.
The company said on June 8 that MAP will operate the Philippine business through Universal Fashion Philippines Inc. Its first store under the new arrangement is planned for Glorietta in Makati by the end of 2026.
The relaunch follows the closure of Marks & Spencer stores formerly operated by Stores Specialists Inc., a subsidiary of SSI Group. SSI earlier said May 2 would be the final day of operations for the M&S stores it managed in the country.
The announcement raised questions over whether the brand was leaving the Philippine market. Marks & Spencer later said it was transitioning to a new franchise partner as part of its regional growth plans.
MAP, one of Indonesia’s largest lifestyle retail groups, has managed Marks & Spencer franchises in Indonesia and Vietnam for more than 26 years. The company’s portfolio spans international brands across fashion, beauty, sports, lifestyle, food and beverage, and technology.
The Philippine relaunch will include fashion, home, beauty and food products, along with online sales channels.
The Glorietta store will mark Marks & Spencer’s return to the Philippine market after its previous franchise operations closed earlier this year. The reopening is part of the retailer’s broader strategy to strengthen its Southeast Asia presence through established regional franchise partners.
