H&M to open first store in India in 2014
The Swedish fashion chain H&M is planning to open its first store in India during 2014, according to a press statement from the company.
"It is a very interesting market with a lot of potential," says CEO Karl-Johan Persson in the statement.
It is not revealed which town it will open in. This autumn, the chain will also open its first stores in Australia and the Philippines.