H&M launches online store in Romania next year

The Swedish fashion retailer Hennes & Mauritz (H&M), which owns 37 stores in Romania will launch next year an online store in Romania, the company informs.H&M will also launch online stores in Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal and Slovakia.

In the first 9 months of the on going fiscal year, December 2013- August 2014, H&M Romania sales grew by 39% to 864 million Swedish crowns (94.1 million euros) to 620 million crowns.

H&M was founded in Sweden in 1947 and is listed at NASDAQ OMX Stockholm. The retailer has 3,300 stores in 54 markets, including units opened as franchises.

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