H&M to open first Vietnam store in HCM City - Illustrative photo (Photo: H&M)
 

Hanoi (VNA) - Swedish fashion giant Hennes & Mauritz (H&M) has officially announced the opening of Vietnam’s first store in Ho Chi Minh City this autumn.

Instead of making its debut in Hanoi, the store is said to be opened in the Vincom Dong Khoi commercial complex in HCM City’s District 1, close to the Zara store.

At the opening, H&M will also launch its 2017 autumn-winter collection.

H&M is also expected to open other stores in Hanoi’s commercial complexes at Nguyen Trai and Minh Khai streets.

With the opening, the Swedish low-cost clothing outlet will be the fourth fast fashion label to enter Vietnam after Zara, Mango and Gap.

H&M operates around 4,200 stores across 66 markets.

In addition to Vietnam, it has announced plans to open stores in Georgia, Colombia, Iceland and Kazakhstan this year.-VNA