Home / Knowledge / News / Announcement / H&M aims to hire 800 in 2018 in India, expand presence
H&M aims to hire 800 in 2018 in India, expand presence
Mar '18
Courtesy: H&M
Courtesy: H&M
Swedish fashion retailer Hennes & Mauritz (H&M) plans to hire 800 people in India this year as part of its sales network expansion, according to the company’s India country manager Janne Einola. The hiring would be for new stores. With 17 stores opened last year, this year’s expansion will depend on the availability of real estate at the locations, he said.

The group, which has a total of nine labels in its umbrella, including COS, & Other Stories, Monki, Weekday Cheap Monday and ARKET, will not introduce any other brand in India under the current single brand foreign direct investment (FDI) retail policy due to sourcing requirements, according to a news agency report.

It has only introduced H&M in India in 29 stores. H&M has also started online sales last week, aiming to track Indian customers from places where it does not have any physical presence.

The company become profitable in the first year of operations in India and is optimistic about future profits. It is also discussing with the Indian Government to ease out the local sourcing conditions for companies, which source from here for their global operations. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search