H&M to Start Indian Operations With Three Stores, Plans More

New Delhi: Swedish fashion retailer Hennes & Mauritz (H&M) plans to kick off its Indian operations with three stores, the first one of which will be opened in the national capital tomorrow. The firm, which had received FIPB approval in November, 2013 for 50 stores, said it will open two stores in Delhi in this calender year and add another one in Bengaluru by next year. "India is a great market with huge potential. We want to be pr...