{"id":3390,"date":"2014-02-12T10:00:09","date_gmt":"2014-02-12T10:00:09","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=3390"},"modified":"2014-02-12T10:08:32","modified_gmt":"2014-02-12T10:08:32","slug":"h-m-hennes-mauritz-open-first-franchise-store-india","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/h-m-hennes-mauritz-open-first-franchise-store-india\/","title":{"rendered":"H & M Hennes & Mauritz open first franchise store in india"},"content":{"rendered":"
\"H<\/a>

H & M franchise Store<\/p><\/div>\n

H & M Hennes & Mauritz<\/strong> AB (H&M) is proud to announce that it will open its first store in franchise India<\/strong>. The first store will be a flagship, and is planned to open in 2014.<\/p>\n

The introduction of H&M to India<\/a><\/strong> will be the latest in a series of important openings. In 2014, H&M will open its first store in the Philippines and Australia, showing H&M\u2019s commitment to providing fashion and quality at the best price.<\/p>\n

\u201cWe are very excited to open our first store in franchise India<\/strong>. It is one of the most exciting countries in the world right now, with so much potential,\u201d says Karl-Johan Persson, CEO of H&M.<\/p>\n

H&M is currently present in 53 markets worldwide, with over 3,100 stores, employing over 116,000 people.<\/p>\n

H & M Hennes & Mauritz<\/strong> AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company\u2019s business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has around 3,100 stores in 53 markets including franchise business<\/a><\/strong> markets. In 2013, sales including VAT were SEK 150,090 million and the number of employees is more than 116,000. <\/p>\n

Press pictures and background information for editorial use can be downloaded from hm.com.<\/p>\n

The information in this press release is that which H & M Hennes & Mauritz<\/strong> AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 12\/2\/2014.
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