Wednesday, August 29, 2012
H&M to open first store in South America in 2013
The fast-expanding Swedish budget fashion retailer said on Wednesday it would open its first shop in South America in the first half of 2013, in Santiago, Chile. "It is our first step into the Southern hemisphere, and we see great potential for further expansion in this fashion conscious region," H&M said in a statement. H&M has said before it was mulling entering the south American market and early this year announced plans for its first store in Latin America, in Mexico City.© Thomson
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