Strengthening its India presence, Swedish apparel retailer Hennes & Mauritz (H&M) has opened its first store in Lucknow. The store is located in Phoenix Palassio Mall is spread over 21,600 sq. ft. It will operate with all safety measures and social distancing norms.
H&M launched its first Indian store in 2015 in Delhi. Currently, the brand has 48 stores in India across cities the Delhi NCR, Mumbai, Hyderabad, Chennai, Bangalore, Pune, Amritsar, Indore, Coimbatore, Kolkata, Mohali, Mysore, Ahmedabad, and Raipur. In future too, it will continue to open new stores in India though it will close down 250 stores globally. The company sees huge potential for growth in the Indian market and plans to open one more store in Bhubaneswar this year.