Technoglitch
Core Member
Swedish fashion retailer Hennes and Mauritz AB (H&M) will open its first flagship store in India at a Delhi mall by September, the retailer said in a media statement on Wednesday morning.
The news comes with the appointment of country manager for H&M in India, Janne Einola, formerly deputy country manager for the brand in Finland and the Baltics. “We are excited to present the complete H&M experience to our Indian customers,” Einola added in the statement.
The 25,000 sq. ft store will come up in Delhi’s Select Citywalk mall that also houses other foreign fashion labels such as Zara, Mango, Tommy Hilfiger and GAP. H&M is the latest brand to woo young aspirational shoppers in India. Last month, American fashion retailer GAP opened its first flagship store in the country with a promise to open 40 more.
In 2013, H&M promised an investment of Rs.700 crore to open 50 single-brand retail stores in India through a foreign direct investment (FDI) route.
H&M to open its first India store at Delhi around September - Livemint
The news comes with the appointment of country manager for H&M in India, Janne Einola, formerly deputy country manager for the brand in Finland and the Baltics. “We are excited to present the complete H&M experience to our Indian customers,” Einola added in the statement.
The 25,000 sq. ft store will come up in Delhi’s Select Citywalk mall that also houses other foreign fashion labels such as Zara, Mango, Tommy Hilfiger and GAP. H&M is the latest brand to woo young aspirational shoppers in India. Last month, American fashion retailer GAP opened its first flagship store in the country with a promise to open 40 more.
In 2013, H&M promised an investment of Rs.700 crore to open 50 single-brand retail stores in India through a foreign direct investment (FDI) route.
H&M to open its first India store at Delhi around September - Livemint
