H&M expanding into Ireland
21st country for fashion retailer
Swedish fashion retailer Hennes & Mauritz is continuing its expansion with the announcement of its first store in Ireland.
The store, just outside Dublin at a new shopping centre development in Dundrum, will open in March next year, with other stores in Ireland to follow later in the year.
[img r]h&minstore.jpg[/img]The move into Ireland means that H&M will have a presence in 21 countries in Europe and North America. The past year has seen successful expansion into Canada and Italy.
The company now has around 1,000 stores worldwide, with 40,000 employees selling around 600m items a year.
Ireland has a population of around 4m people. Finland, comparable in numbers with a 5m population, supports 23 H&M stores.