play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

Business News

M&S reviews France business in light of post-Brexit customs rules

today13/09/2021

Background
share close

Marks & Spencer has said it is reviewing its French business in the light of post-Brexit trade rules which have affected product availability in its EU stores.

The disclosure comes after the retailer complained earlier this year of the “pointless and byzantine” way the rules on exports into European countries were being enforced.

M&S operates about 20 stores in France with franchise partners SFH and Lagardere.

Lorries queue in at the border control of the Port of Dover in Dover
Image: M&S said it was acting in light of the new customs arrangements

The retailer did not comment on a Mail on Sunday report that it is expected to close stores in France and may even stop selling its popular sandwiches and chilled food in the country altogether.

Earlier this year, the group restructured its Czech business, taking out fresh foods from stores and adding expanded ranges of longer life products.

A spokesperson said: “In light of the new customs arrangements we are taking decisive steps to reconfigure our European operations and have already made changes to food export into Czech Republic.

“We operate a franchise business in France and are currently undertaking a review of the model with our two partners in the market.”

More from Business

A week ago, the retailer warned of the impact on consumers of goods coming from Europe into the UK when a “grace period” on trade coming in from the continent expires – creating the danger of “disruption and delay”.

Last month, M&S upgraded its profit outlook after a jump in demand for food and a surge in online clothes sales.

 Sky News

© Sky News 2021

Written by: Rother Radio News


Previous post

UK News

Sturgeon to ask UK government to agree to second Scottish independence vote

Nicola Sturgeon will ask the UK government to agree to another Scottish independence referendum "in the spirit of co-operation".Scotland's first minister will tell SNP members that "democracy must - and will - prevail", to allow the country another vote on its future. She is due to deliver the closing speech of the SNP conference shortly before midday, and is expected to say she hopes to adopt an approach of "co-operation not confrontation". Please use Chrome browser for a more accessible […]

today13/09/2021