H&M strengthens India presence with its 50th store
H&M, Hennes & Mauritz AB, the international fashion retailer has strengthened its retail presence in India with the launch of its 50th store in the country. The new H&M store opened in Bhubaneswar.
H&M sees huge growth potential in India and has rapidly expanded its presence in the country over the last five years since its entry in 2015. The company plans to further expand its retail presence with the addition of new stores.
Commenting on the expansion, Amit Kothari, head marketing and communications at H&M India, in a statement said: “We are excited and thrilled to open our 50th store in the country! The journey so far has been exciting and memorable. We opened our first store in 2015 in Select City Walk, launched our online platform hm.com in March 2018 followed by our launch on Myntra.com in August 2019.
“We wanted to celebrate the five-year milestone by celebrating the customers who made it possible. We look forward to bringing the best global fashion to more parts of India and welcoming more and more customers to all our stores,” Kothari added.
H&M opened its first store in 2015 and today operates stores across 25 cities. The brand also sells online through its online platform and Myntra.com.
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