H&M to open the new stores in India by June

Swedish retailer Hennes & Mauritz (H&M) plans to open three new stores in India by end of June. While Mysore and Ahmedabad will see the launch of first store, Mumbai will have its seventh, as per the expansion outlay of the company. H&M had posted nearly two-fold increase in sales in India to 1,179 million Swedish krona (over Rs 9.55 billion) for financial year ended November 2017, thus making the country one of its fastest growing markets. The company operates 29 stores across Delhi-NCR, Mumbai, Hyderabad, Chennai, Bengaluru, Pune, Amritsar, Indore, Coimbatore, Kolkata and Mohali & Raipur. Opening of the new high-end H&M stores in India is an added business advantage for the signage companies whose activities involve in in-store branding, designs, branding, etc.