M&S and COMS JV to expand in Central & Eastern Europe
24 Mar '08
2 min read
Dušan Mrozek, Chairman of the Board of Directors, COMS, a.s. said:
“We have worked with Marks & Spencer since 1996 and during that time we have always felt we've been working with the right partner. We are therefore pleased that we have successfully completed broader discussions and will now set up a joint venture. We look forward to expanding our business across the region to strengthen our market position”.
COMS, a.s. runs 10 Marks & Spencer stores in the Czech Republic in Prague, Brno, Karlovy Vary and Ceské Budejovice. In 2007 the company initiated international expansion with Marks & Spencer store openings in Lithuania and Slovakia.