India will be a big market for H&M globally: Janne Einola2 min read . Updated: 04 Apr 2019, 11:03 PM IST
- H&M crossed ₹1,100 crore in sales, three years after entering the Indian market
- H&M doesn’t have the global problem of a bigger stock in India, says H&M India’s country manager
Hennes and Mauritz AB, the world’s second-largest fashion retailer, has had a good run in India. Last year, its flagship affordable clothing brand H&M crossed ₹1,100 crore in sales, three years after entering the market. It currently has 41 stores, and will continue to add one store a month. It has also launched its e-commerce site for Indian shoppers, besides having its products available on Flipkart-owned fashion websites Jabong and Myntra later this year.
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