H&M to open new stores

Sweden: H&M has put in line its new growth target to increase the Group’s sales by 10-15 per cent in local currencies per year with continued high profitability. Kazakhstan, Colombia, Iceland, Vietnam and Georgia are planned to become new H&M’s bricks-and-mortar markets along with its online roll-out into six new markets: Turkey, Taiwan, Hong Kong, Macau, Singapore and Malaysia. Continuing with the strong expansions, H&M is looking forward to deliver strong collections and customer experiences with the launch of one or two new brands in current year.