8 334
Fashion Jobs
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
SHINE
Oracle Functional Consultant - Scm
Permanent ·
SHINE
System Administrator
Permanent ·
SHINE
Information Technology Executive
Permanent ·
Published
Nov 27, 2019
Download
Download the article
Print
Text size

H&M plans over 100 store openings in India but finds business environment challenging

Published
Nov 27, 2019

Swedish fast-fashion brand H&M plans to open over 100 stores in India moving forward, but has seen expansion slow, due to what it sees as a challenging business environment in the country.

H&M will continue its retail expansion across India at a slower pace than originally expected - Blogs


"Most probably we will see opening 100-plus stores in india, but what is the time span I don't know,” H&M’s India country manager, Janne Einola, told Indo-Asian News Service on November 26.

“The outlook, we thought it would grow faster as per the potential, but what is making slow is the local regulations, which is very costly, taking lot of time and is putting your expansion on bit slow mode."

On the sidelines of the recent Retailers Association of India event, Einola called the situation in India “challenging” due to business registration, trade licenses and other “small things”.

However, Einola said that he was hopeful the situation will improve as the Indian government considers amending its local-sourcing norms in its foreign direct investment (FDI) regulations. 

H&M has a total of 45 stores in India and most recently opened in Dehradun. The brand’s next brick-and-mortar location will be Jalandhar.

The brand also retails online in India through its dedicated e-commerce store, which makes up a greater portion of its total India sales than its global average, according to Einola. 

Copyright © 2024 FashionNetwork.com All rights reserved.