H&M Announces more Australian Store Locations

H&M has announced plans to expand its footprint across Australia.

The Swedish fashion house which currently has nine stores across Sydney, Melbourne, Brisbane, Gold Coast and Perth will be opening two new Melbourne stores. The first will open on July 28, 2016 at the Pacific Werribee shopping centre in Werribee, while the second will be as part of the Chadstone Shopping Centre in Chadstone in the second half of the year.

In addition the company also plans to open two new stores in Wollat Wollongong Central in New South Wales and the Toowoomba Grand Central shopping centre in Queensland later this year.

H&M which launched in Australia in 2014 revealed that it had a maiden profit of $3.8 million for the 12 months to November 30, 2015.

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