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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents
Provider: Sadif Analytics Prime

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H & M Hennes & Mauritz AB Updates on New Stores and New Markets Entered

Thursday, 26 Sep 2013 02:00am EDT 

H & M Hennes & Mauritz AB announced that approximately 350 new stores net are planned for full-year 2013. Most new stores in 2013 are planned to open in China and the United States. There are also still great opportunities for expansion in markets such as Russia, Germany, the United Kingdom, Italy, Poland and France. In 2013 H&M is expanding into the following five new countries: Chile, Lithuania, Serbia and Estonia – all of which have already opened. The first H&M store in Jakarta, Indonesia will open at the beginning of October 2013 via franchise in cooperation with the franchisee J.S. Gill. 

Company Quote

2.5 +0.81%
21 Nov 2014