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Match Retail to open first H&M store in 2010

09
Dec '08
H&M has entered into franchise agreement with Match Retail Ltd for store openings in Israel. The first H&M store is planned to open during 2010.

– There has been a great interest in H&M from the Israeli market for quite some time and we believe that our business concept will suit the Israeli market well. Through this co-operation we will gain access to our franchise partner's solid franchise experience and business network on the Israeli market, says Rolf Eriksen, CEO at H&M.

– We feel extremely proud and privileged to be chosen as H&M's franchise partner in Israel and are committed to providing our customers with fashion and quality at the best price. With its full range of new and exciting products, we look forward to establishing H&M as a leading player in the Israeli fashion market, says Andrew Horesh, Chairman Match Retail.

Match Retail Ltd. is a privately owned company founded by the Horesh family for the exclusive purpose of handling H&M in Israel. The Horesh family operates various business activities in Israel, among them Union Motors and Lex Motors, the exclusive distributors for Toyota and Lexus in Israel.

H&M


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