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H&M's country manager for India quits
08 Sep '20
1 min read
Pic: Shutterstock
Janne Einola, country manager for India at Swedish fast fashion retailer Hennes & Mauritz's (H&M), has resigned. Einola, who has spent over two decades with H&M beginning as a department manager and has worked across four markets and nine countries, is set to leave by the end of October and will move back to Helsinki. His successor is yet to be announced.
He was appointed the first country manage for India in 2015 when the retailer opened its maiden store in the country, according to Indian media reports. It had promised to open 50 stores in the country with investments of ₹700 crore. H&M now has close to 50 stores in India.
In 2019, it joined into a partnership with Flipkart-owned online retailer Myntra to sell its accessible fashion wear online. In 2018, it debuted online commerce through its own local website and app.
He was appointed the first country manage for India in 2015 when the retailer opened its maiden store in the country, according to Indian media reports. It had promised to open 50 stores in the country with investments of ₹700 crore. H&M now has close to 50 stores in India.
In 2019, it joined into a partnership with Flipkart-owned online retailer Myntra to sell its accessible fashion wear online. In 2018, it debuted online commerce through its own local website and app.
Fibre2Fashion News Desk (DS)
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