H&M to expand physical stores in India, Retail News, ET Retail

Davida Erdahl

New Delhi: Swedish apparel retailer H&M will carry on to develop its physical shops in India whilst it is closing down 250 shops globally, betting on the very long-time period likely of the state, according to a senior enterprise official. The enterprise which opened its very first keep in India in 2015 at the moment has forty eight shops in 24 towns but may perhaps not open up as many shops in the upcoming 5 several years as it also focuses on maximizing its electronic presence.

“In India we are rather smaller and there is fantastic likely to improve with physical shops as properly as electronic in foreseeable future. So for us physical shops continue being exceptionally important and we want to guarantee that we have the proper shops at the proper places also in the foreseeable future,” H&M India State Manager Janne Einola informed .

Previously this thirty day

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