Marks & Spencer Reliance India has named Mr Martin Jones as its new CEO. He takes over from Mr Mark Ashman who had headed the joint venture between M&S and Reliance since it was set up in 2008.
Mr Jones has 13 years' experience in the industry, having joined M&S in 1997 and worked in various roles within retail operations and buying and merchandising.
"India is a very exciting opportunity for Marks & Spencer and a market where the brand can continue to grow. I’m really looking forward to building on our presence, continuing to drive local sourcing. I’m thrilled to be here and I can’t wait to start working with the team," he said
The British retailer plans to open one million square feet of new retail space across India over the next five years as part of the joint venture from 17 stores currently.
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