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H&M to open first store in India in 2014

Stockholm: Swedish fashion retailer Hennes & Mauritz says it has received all the necessary regulatory approvals and plans to open its first store in India in 2014.The budget fashion chain said Wednesday it will open

India TV News Desk [ Updated: February 12, 2014 17:48 IST ]
h m to open first store in india in 2014
h m to open first store in india in 2014

Stockholm: Swedish fashion retailer Hennes & Mauritz says it has received all the necessary regulatory approvals and plans to open its first store in India in 2014.


The budget fashion chain said Wednesday it will open a flagship store in the country during 2014m but it did not say in which city.

Spokesman Hacan Andersson said H&M has applied for permission with Indian authorities for around 50 stores, but that is dependent on conditions and whether it finds the right locations.

H&M Chief Executive Officer Karl-Johan Persson said in a statement that India is “a very interesting market with great potential.''

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