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H&Ms open store in Ghaziabad, expands rapidly in NCR

By Meenakshi Kumar

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Swedish fast fashion brand Hennes & Mauritz (H&M) has expand its presence in the National Capital Region (NCR) by adding its sixth store in Ghaziabad. H&M’s new store, spread across two floors over 21,000 square feet, is situated on the Red Mall in Ghaziabad. It offers women’s, men’s, teenager’s and children’s apparel, accessories, footwear and lingerie.

The brand has showcased a phenomenal surge in sales in India touching Rs 703 crores from December 2016 to August 2017 from its 17 stores across the country, compared to Rs 291 crores during the same period last year, as per the company's nine-month report for the above period. As a part of their expansion plans the brand is entering newer markets and targeting Tier I and II markets to ensure future growth.

H&M currently has online stores in 41 countries and a total of 4,135 H&M stores internationally. The company is rapidly expanding its presence in India and is likely to add 5 more stores this year. H&M’s other stores at the Delhi NCR are located at Select City Walk – Saket, Ambience Mall Gurgaon, Vasant Kunj, Mall of India – Noida and Connaught Place.

H&M