GENERAL MERCHANDISE NEWS
H&M expanding to Hungary
30 August, 2004 | by Retail Bulletin
Fashion retailer continues growth
Swedish fashion retailer H&M is to expand into Hungary, with plans for a store in Budapest next autumn.
H&M has signed a contract for a store offering its full product range, to be located in the centre of the Hungarian capital. The company said more stores in Hungary will follow.
Once the store is open, Hungary will become the 22nd country in which H&M operates. The retailer passed a milestone with the opening of its 1000th store this month, and trades in Europe and North America.
