H&M to open in Baneasa Shopping City in spring 2011

Newsroom 28/06/2010 | 16:26

Swedish retailer H&M has announced it is expanding to Romania and Croatia next year, with a first location announced for Bucharest in Baneasa Shopping City.

The Baneasa store will spread on two levels, with entrance and exit points both on the ground and the first level.

The store will also have inside vertical access facilitated by an elevator and two escalators. Besides Romania, Croatia is also on the list of countries to which the retailer is expanding next year, while Morocco will be a new franchise market in fall 2011.H&M (Hennes & Mauritz) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm.

The company describes its business concept as to offer fashion and quality at the best price. In addition to H&M, the group includes the brands COS, Monki, Weekday and Cheap Monday as well as H&M Home.

The H&M Group has more than 2,000 stores in 37 markets. In 2009, sales including VAT were SEK 118,697 million and the number of employees was around 76,000.


BR Magazine | Latest Issue

Download PDF: Business Review Magazine November 2023 Issue

The November 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Mastercard On a Mission to Build an Inclusive Digital Economy”. To
Newsroom | 27/11/2023 | 17:41
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue