H&M September sales up 8 percent

Wednesday, 15 October 2014
REPORT_ The H&M Group’s sales including VAT increased by 8 percent in local currencies in September 2014 compared to the same month, last year. The total number of stores amounted to 3,388 on September 30, 2014 versus 3,006, same month last year.

Percentage sales development for the month of October will be published on November 17, 2014. Company has planned strong expansion in 2014, with approximately 375 new stores in total. The Philippines will become a new H&M market in October 2014.

H&M’s opening in India, planned for autumn 2014, has been postponed until 2015. In 2015 H&M will also open in South Africa, Peru, Taiwan and Macau. H&M plans to open 8 – 10 new online markets in 2015.

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