Fawaz Alhokair's M&S deal in Saudi ends, still partners elsewhere

DUBAI (Reuters) - Saudi Arabia's Fawaz Abdulaziz Alhokair said on Wednesday its franchise agreement in the kingdom with British retailer Marks & Spencer had ended, along with similar deals with a number of "non-performing" brands.Marks & Spencer (M&S) said in an email that its franchised stores in Saudi Arabia were transferred to Al-Futtaim Group in 2018. M&S has 15 franchised stores in Saudi Arabia."We are focussed on continuing to work with Al-Futtaim Group to develop and grow our business..