H&M looks to set up its first warehousing hub in Bhiwandi
8 years, 2 months ago

H&M looks to set up its first warehousing hub in Bhiwandi

Live Mint  

Mumbai: Swedish clothing retail firm Hennes & Mauritz is close to leasing around 2.75 lakh square feet of space at Bhiwandi in Maharashtra to set up its first warehousing hub in India that would be directly operated by the company, according to two people aware of the development who spoke on condition of anonymity. The normal monthly rent particularly around Bhiwandi stands at around Rs10-15 per sq ft. Other big companies which have warehouses in the vicinity include e-commerce firms Flipkart, Amazon and logistics firm DHL Express. Present across 62 countries, H&M is the world’s second largest apparel retail chain after Spanish clothing company Inditex, the parent firm of Zara. The overall warehousing requirement from retailers is high and most firms are aggressively looking at certain belts in India because of the upcoming goods and services tax,” said Aditya Sachdeva, director at Knight Frank, a property consultant.

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History of this topic

H&M launches it's first home décor store in Hyderabad
9 months, 3 weeks ago

H&M launches it's first home décor store in Hyderabad

Deccan Chronicle  

Article authored by Saahil Gupta In a recent post from 5 days back on their Facebook handle, H&M, announced the opening of their new store in Hyderabad's Inorbit Mall on June 7th. Bedroom accessories Picture Courtesy : Saahil Gupta The decision to open its first H&M Home store in Hyderabad reflects the city's growing prominence as a hub for fashion …

H&M probes Myanmar factory abuses as pressure intensifies
1 year, 7 months ago

H&M probes Myanmar factory abuses as pressure intensifies

The Hindu  

H&M is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, just weeks after top rival Zara owner Inditex said it is phasing out purchases from the Southeast Asian country. A U.K.-based human rights advocacy group tracked 156 cases of alleged worker abuses in Myanmar garment factories from February …

H&M India bets on omnichannel model to expand footprint
1 year, 8 months ago

H&M India bets on omnichannel model to expand footprint

Live Mint  

H &M, the Swedish fast-fashion retailer, is set to expand its presence in India by opening six more stores and enter three cities by the end of 2023, besides focusing on boosting its online sales, said a top company executive. My mandate is to continue with the omni-channel growth,” Yanira Ramirez, country sales manager, H&M India, said in an interview …

E-commerce sites pull H&M products after company's Xinjiang statement
4 years ago

E-commerce sites pull H&M products after company's Xinjiang statement

China Daily  

A woman walks past a store of the Swedish fashion retailer H&M at a shopping mall in Beijing, March 24, 2021. Major e-commerce sites such as Alibaba Group's Taobao and JD.com have pulled products related to retailer H&M after the company sparked widespread fury on Wednesday evening for its previous statement that it is "deeply concerned" about reports of "forced …

H&M to bump up presence in smaller cities in India
5 years, 1 month ago

H&M to bump up presence in smaller cities in India

Live Mint  

MUMBAI: Swedish retailer H&M plans to bump up its presence in tier II and III cities of India to capture the growing demand for its apparel brands beyond the metros, said a top company official. "What is clearly evident from our online platform is we see a great demand in tier II and III cities," said Janne Einola, country manager, …

Zara and H&M shore up defences as internet threatens
7 years ago

Zara and H&M shore up defences as internet threatens

Live Mint  

Corunna, Spain:Logistics investments, new technology. “Online sales are becoming an element that is contributing significantly to the company’s growth,” said Pablo Isla, CEO of the Inditex group which owns Zara among other brands like Massimo Dutti, said this week at the annual results’ presentation. Sergio Avila Luengo, an analyst at IG Markets, said gaining “more visibility online” was the main …

H&M plans expansion Down Under as Australia becomes the brand's biggest market
9 years, 8 months ago

H&M plans expansion Down Under as Australia becomes the brand's biggest market

Daily Mail  

Australia has become the strongest sales market for Swedish department store H&M, with its success leading to new stores on the map for Sydney, Perth and Brisbane. Best market: Australia has been revealed as global retail giant H&M's fastest growing market Growing: The results mean H&M will be opening up three new Australian stores and hiring 1000 extra staff Manager …

Fashion retailer H&M's India foray may take longer
11 years, 6 months ago

Fashion retailer H&M's India foray may take longer

Firstpost  

The world’s second-larggest fashion retailer Hennes & Mauritz’s plans to open 50 stores in India has hit another roadblock with the government asking the company to clarify on mandatory 30 percent procurement from the country and its brand licensing pac The 30 percent sourcing norm is turning out to be a major stumbling block in the retail sector reforms despite …

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