Find in the news:
BY COUNTRY

H&M planning more international expansion



H&M is planning an aggressive expansion move with its plan to open approximately 400 new stores during this year into regions such as Taiwan, South Africa, Peru and India


The group opened 379 outlets during last year, which amounts to more than one store per day.


The majority of its new stores are planned to open within the US and China, but will also take place in Germany and Poland.


The clothing group is based in Sweden and holds the position of second-largest global fashion retailer, right behind Inditex, the Spanish owner of Zara.


H&M opened online stores within China, Spain, Italy and France and intends following up with openings in nine other countries during this year, most of which will be in eastern Europe, but including Portugal, Switzerland and Belgium.


The group posted pretax profits of 7.8bn Swedish kronor for the quarter ended November. This was an increase from its figure of SEK7.26bn for the previous year, but it fell below the forecast of SEK7.96bn. Sales increased by 14% to SEK176.6bn, with sales for December and January showing an increase of 15% and 14% respectively.


H&M intends offering a broader range of products, with its launch of H&M Sport one year ago and its expanded shoe range during the autumn. It launched its first wedding dress during last march and there is talk of a beauty range to be launched during autumn.


The latest designer to the fold is Alexander Wang, following in the footsteps of Donatella Versace, Stella McCartney and Karl Lagerfeld, in the creation of a high street collection for the group. It proved popular as shoppers commenced queuing from the night before the sale commenced in the London store.


H&M employs in excess of 132000 people at its 3511 stores across 55 countries. The group stated that 2015 started well, but issued warnings about the expensive US dollar which will affect their sourcing costs.

Related shopping malls and stores:



YESTERDAY, Taiwan:
Dutch studio MVRDV has transformed an abandoned shopping center in Taiwan into an unusual public space.
YESTERDAY, Israel:
In Israel, a national quarantine begins to operate again from September 18, 2020.
YESTERDAY, Sweden:
Shoppers will select goods from different stores in the mall on one website and then pick them up conveniently.
DAY BEFORE YESTERDAY, Spain:
The outlet begins its countdown and fires the starting signal during the "Digital Lighting" event.
DAY BEFORE YESTERDAY, China:
Maison Martell officially opened L'Atelier Martell Shenzhen - a luxury boutique where you can taste and buy exclusive varieties of cognac.
DAY BEFORE YESTERDAY, USA:
The new retail store layout is expected to be very convenient for quickly and safely receiving online orders.
Friend
and Follow
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us