H&M Group plans to invest more in physical stores, including refurbishing 250 globally

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According to H&M Group’s Annual and Sustainability Report 2023, the fast-fashion company plans to open around 100 new stores and close around 160. While that is a net reduction of 60, the remaining stores will make a positive contribution to sales. So far, in 2024, a net 31 stores have closed its doors. In 2023, …

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H&M Business Model – How H&M Makes Money?

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When it comes to the world of fashion, H&M is a name you can’t ignore. The H&M business model is one of a kind, focusing on what’s fresh and trendy without breaking the bank. Founded in 1947 in Västerås, Sweden, by Erling Persson, H&M has become a staple in the closets of fashion-conscious folks all around the …

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Why H&M Franchise Opportunities Are a Smart Investment

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In the dynamic world of fashion retail, few brands carry the prestige and global recognition of H&M. With its commitment to quality, sustainability, and trendsetting designs, H&M has carved a niche for itself as a leader in the fast-fashion industry. For entrepreneurs seeking to tap into this lucrative market, investing in an H&M franchise presents …

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