07 July 2023, Mumbai
H&M, the renowned Swedish fast-fashion retailer, has announced its ambitious expansion plans in India, aiming to tap into the country's flourishing market and unlock its untapped potential.
Targets unprecedented growth
Major Store Launches and City Expansions; By opening six new stores and venturing into three additional cities by the end of 2023, H&M is poised for unprecedented growth. Yanira Ramirez, the Sales Manager for H&M India, expressed excitement about the company's significant store launches and city expansions, highlighting the opportunities for rapid development.
Achieves an impressive 49% revenue increase
With a remarkable 49% increase in revenue in FY22, H&M India's strategic focus lies in achieving omni-channel growth, integrating physical stores and online sales.
Furthermore, rumors are circulating about the potential introduction of COS, an upscale brand, into the Indian market.
Author’s Posts
-
Uniqlo plans 15 new stores by Nov-end: Nidhi Rastogi, Marketing Director
21 November 2024, Mumbai
Japanese fashion brand
Citykart to expand to Tier II and III cities
21 November 2024, Mumbai
With an aim to establish itself as the ‘Primark’ of India, valu...
Nov 21, 2024
-
Khan Market remains the world’s most expensive high-street retail locations: Cushman & Wakfield
21 November 2024, Mumbai
Khan Market in Delhi has maintained its position as one of the world...
Nov 21, 2024
-
Wrangler to launch co-branded merchandise in partnership with café chain, Social
21 November 2024, Mumbai
Global denim brand
Zero Tolerance forays into everyday wear with new winter capsule range
21 November 2024, Mumbai
Expanding its products offering, apparel brand
Latest News
Latest Publications
