Page 2 - H&m India

Swedish fashion retailer H&M India to make online foray later this year

Swedish fashion retailer Hennes & Mauritz (H&M) is planning to have an online presence in the country this year. The multinational retail giant nets around 12 per cent of global sales volume from online now. "We plan to launch our online store this year," H&M India country manager Janne Einola told reporters at the Retail Leadership Forum here, without giving a timeline. Deliveries would be undertaken by a third-party logistics partner, he said. "As of now we will not be integrating our physical stores with online operations, but we will evaluate the business as it goes along," he said. The company will not tie up with any of the online marketplaces, and will go solo for online sales, Einola said. While the H&M India country manager didn't put a number to the online sales expectations from here, he said "it's a market with good potential". H&M India had posted about twofold spike in sales at over Rs 955 crore for the fiscal to November 2017, making ...

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H&M India will boost staff strength to 1,000 by year-end

Swedish retail chain, which has six stores across the national capital region, Bengaluru and Mohali, currently has around 800 employees in the country

H&M India to boost staff strength to 1,000 by year-end

H&M has six stores across NCR, Bengaluru and Mohali, and around 800 employees in the country