H&M To Open First Store in South Korea

South Korea boutiques better watch out, H&M is coming in full force in the spring of 2010. The first store will be located in the best business location in Myundong in Seoul with approximately 2,600 sqm of sales surface! The recession doesn’t seem to affect my favorite store as they are planning to open 225 stores net globally during 2009. Woo, go H&M!

We look forward to establishing in South Korea. We have positive experiences from our establishments in Japan, Hong Kong and China and see South Korea as a natural consecutive step. South Korea has 49 million inhabitants, of which 23 million in the Seoul area, with a great interest in fashion and purchasing power, says Rolf Eriksen, CEO at H&M.

H&M To Open First Store in South Korea

By: retrogurl
Posted: 02.25.2009
Categories: h&m, shopping

2 Responses to “H&M To Open First Store in South Korea”

  1. tracey says:

    What the hell?! They can open a store in South Korea, but God forbid they open one in Texas! I really question their strategic planning. I guess with the U.S. economy not doing so well they aren’t looking at the States. But they really need to get on the ball. If they would open one in Houston they would have the Houston-Dallas market (lots of socialites, regular peeps) and the Mexican and Latin American market (Lots of wealthy people living in Mexico City and abroad shop in Houston because of its close proximity). I know I would shop at H&M if there was one in Houston, and believe it or not, I’m working and luckily have some income to spend (but I guess H&M doesn’t want my $$$). Guess I’ll just have to wait until I vacation in San Francisco. Can you tell I’m bitter about this?

  2. Maria says:

    happy and proud h&m worker here :)

COMMENTS PAGE:

Login or Register to Leave a Comment

Leave a Comment as Guest:

Write your comment here:



Comment moderation is enabled. Your comment may take some time to appear.