Marks & Spencer (M&S) is set to expand into the Philippines, according to fashionunited.in. The British retailer plans to open physical stores in the country, marking its entry into the Southeast Asian market.
The expansion is part of M&S's broader international growth strategy. The company has been focusing on markets in Asia, where it already has a presence in India and other countries.
The Philippines retail sector has attracted several foreign brands in recent years, driven by a growing middle class and increasing consumer demand.