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Debenhams has 85 overseas stores and plans to increase this to 150 over five years.
One-fifth of the British company's sales came from its overseas stores.
It is still forecast to increase its overall trading profit by 7% to £1.81bn for the first half, largely thanks to a strong performance from its overseas stores.
Al Mana Group, based in Doha, has bought BHS's 70 overseas stores as administrator Duff & Phelps continues to negotiate the future of 164 UK outlets.
However, the banks are still exerting considerable influence over the business – continuing to press, in particular, for a sale of Game's overseas stores.
The UK chain generates 70% of sales and profits but the retailer said its overseas stores were benefiting from the recovery in the global economy.
Similar(37)
As it happens, REI aims to open its first overseas store in Tokyo, in 2000.
At present House of Fraser has just one overseas store – in Abu Dhabi.
The company started expanding in the Greek market through franchising, and opened its first overseas store IN Japan in 1995.
The partnership loaned the money out at interest to its overseas store operations, and accumulated the interest in the partnership.
Marks & Spencer is understood to be planning an ambitious international expansion programme that will see it opening an overseas store every week for the next three years.
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