Thursday, August 1, 2013

Budget fashion chain H&M opens US online store


Hi latest news for US People. H&M opens US online store finally after two and half years. After several delays, Swedish budget fashion chain Hennes & Mauritz says it has launched its online sales operations in the United States.
H&M opened its U.S. online store today, saying it will sell everything available in its high street stores.
The online store, which was initially planned to open in 2012, will also feature some exclusive clothes that aren't available elsewhere and the company's home decor collection H&M Home.
H&M first put U.S. customers on notice of its exciting online expansion in a January 2011 message on Twitter: “Good morning is an understatement! H&M has decided to have online shopping in the U.S. at the turn of the year 2011/2012! Stay tuned for more.”

H&M said everything that is available in its high street stores - that's Main Street to U.S. shoppers - will also be sold online.Budget fashion chain H&M opens US online store

The online store, which was initially planned to open in 2012, will also feature some clothes that are exclusive to Internet customers and the company's home decor collection H&M Home.

Daniel Kulle, U.S. President for H&M, said he was "thrilled to launch online shopping in the U.S."

"This significant milestone fully rounds out H&M's multi channel offering," he said.

H&M's 268 stores in the U.S. brought in revenues of 3.3 billion Swedish kronor ($503 million) in the second quarter, an increase of 2 percent compared to the same quarter a year ago.Budget fashion chain H&M opens US online store.

H&M's 268 stores in the U.S. brought in revenues of 3.3 billion Swedish kronor ($503 million) in the second quarter, an increase of 2 percent compared to the same quarter a year ago.

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