12 Aug '11, 9am

H&M to double number of Japan stores over next year: TOKYO (Reuters) - Swedish budget fashion chain H&M said it

H&M to double number of Japan stores over next year: TOKYO (Reuters) - Swedish budget fashion chain H&M said it

Swedish budget fashion chain H&M said it plans to more than double the number of its stores in Japan over the next year as it looks to tap strong demand from the country's fashion-conscious consumers. -- PHOTO: NP TOKYO (Reuters) - Swedish budget fashion chain H&M said it plans to more than double the number of its stores in Japan over the next year as it looks to tap strong demand from the country's fashion-conscious consumers. The world's No. 2 clothing retailer after Zara owner Inditex opened its first Japanese store in 2008, and currently operates 12 outlets in the country, mostly in the Tokyo area. H&M said it plans to bring that number to 30 by the end of 2012, and will open stores in major cities such as Osaka and Fukuoka and set up more locations in western Japan. 'Japan is definitely an important market and we still see potential for growth here,' said Mie Anton, ...

Full article: http://www.straitstimes.com/BreakingNews/Lifestyle/Story/...

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