H&M's e-tail business and new chains will be its biggest growth drivers in the next few years and are a focus for investment, it said Wednesday, as it also said that the start of the year has seen it discounting heavily.
New beauty concept Indulge beauty has launched online and its first store at Westfield Stratford City. Located on the lower ground floor, the store aims to become a one-stop destination for beauty lovers.
Retailers in London’s West End are predicted to take over £50 million a day in the six weeks to Christmas but till receipts should rise only 1.5% overall. There will be a tourist boost, but not as large as last year's.
H&M is continuing its ambitious store opening programme in Britain with its Weekday brand set to open a second store, in London, just shortly after its debut on a section of Regent Street where H&M brands dominate.