We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Oct 1, 20202:19pm

H&M flies &Other Stories to Russia with the opening of a first store

In autumn, the fashion company will open its first store in the country. The store will be located in Metropoli shopping mall.

Feb 7, 2020 — 6:47pm
MDS
Save

H&M reinforces &Other Stories with an opening in Russia

 

 

H&M will takes &Other Stories to Russia. The womenswear company, owned by H&M group, will open its first store in Russia in the third quarter of 2020. The store will be located in Metropolis shopping mall in Moscu, according to &Other Stories.

 

During the last years, the parent company of H&M has grown fast and currently has seventy stores in seventeen markets across Europe, America and Asia. The company has its headquarters in Stockholm but it also has design hubs in Los Angeles and Paris.

 

Initially, H&M had created &Other Stories as an independent cosmetic brand of the group. However, in 2013 diversified the accessories, footwear, bags and apparel offer. In 2018, the company launched hair care products line.

 

The H&M group ended 2019 with a revenue of 232 billion of krona (34 billion dollars), 11% more than the preview year. It is the highest growth since 2015, The profit rose a 6%.

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...