H&M Qinghai'S First Store Opened In March
H&M, Hennes & Mauritz, an internationally famous fashion retailing giant, has achieved outstanding sales performance in China, and its market share has been growing steadily. According to the information provided by H&M group to win business network, in 2016 and February, H&M opened 11 new stores in mainland China, with a total number of 315 stores. The total number of stores was third in the group, 1 only to Germany and the United States.
H&M China announced that it will open its first store in Qinghai Province in early March. This is the last province where H&M has been stationed in China except Tibet. H&M Qinghai's first store in Xining textile department store, more than 1700 shops continue. H&M Consistently simple design style. The series has been on sale in all H&M stores and online stores for men's wear.
Recently, H&M published its latest annual report in 2016. Shop plan It is expected that 425 new stores will be opened worldwide, of which 83 will be located in China. It will also open the first local store in New Zealand, Cyprus and Puerto Rico. There will be more than 300 new stores selling H&M beauty products in 2016, so that H&M will have a total of 1200 stores that sell beauty products.
H&M general manager of Greater China Magnus Olsson "China has more than one billion of the population, and the economy continues to grow. The Chinese market is very important for H&M. We are grateful to Chinese consumers for their trust and support for H&M. H&M3 will also launch the largest talent recruitment campaign in Greater China.
In January 2016, four new stores were opened in Chifeng, Yangzhou, Linyi and Suzhou. In February, they were stationed in Guangzhou, the dream city of Yong Wang, and opened in April at CityOn Hedi port, Xi'an. All of them provide a new and fashionable choice for local consumers. In 2015, there were 84 new stores in H&M Greater China, with more than 300 stores. In addition to the Chinese market, another focus of H&M in 2016 was the North American market. Last month, H&M just opened 500th stores in North America.
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