H&M opens stores in India in 2015

Stockholm, Sweden (BBN)– Swedish fashion giant H&M is planning to open its first stores in India, Peru, South Africa and Taiwan in 2015.
“Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal, Romania, and Slovakia are planned to be new online markets during 2015,” the company said in an announcement.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm.
The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has around 3,400 stores in 55 markets including franchise markets.

BBN/SSR/AD-19Nov14-8:57 am (BST)

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