Marks & Spencer Vietnam opens second store

UK-based department store retailer Marks & Spencer has opened a second store in Vietnam’s largest city, Ho Chi Minh.

Marks & Spencer Vietnam plans to have 20 stores trading in the country by 2020, focused on selling womenswear and menswear.

The new store is at Crescent Mall in Ho Chi Minh City’s District 7, a four year old mall which also hosts a newly opened Robins Department store.

It is operated by Marks & Spencer’s long-term franchise partner, Thailand-based Central Retail Corporation, a member of Central Group, which also owns Robins.

The first Marks & Spencer Vietnam store opened in a 1200 sqm space in the Vincom Center in downtown Ho Chi Minh City last year, the site previously occupied by UK rival Debenhams.

M&S now has over 800 stores in the UK and more than 460 international stores across 56 markets in Europe, the Middle East and Asia.