Business news from Ukraine

Business news from Ukraine

SWEDISH H&M TO OPEN SIXTH STORE IN KIEV

27 November , 2021  

Swedish fashion retailer H&M will open its sixth store in Kyiv on December 10 in the Respublika Park shopping and entertainment center, the press service of the retailer reported.
“We are pleased to announce the opening of an H&M store in the Respublika Park shopping and entertainment center. By increasing the number of outlets in Ukraine, we continue to provide the best customer experience and follow our constant principle – fashion and quality at the best price with care for the environment,” Regional Manager of H&M in Ukraine and Eastern Europe Mehmet Arisoy said.
The store with a total area of about 2,200 square meters is made in a new brand concept with the least impact on the environment. The materials used in the interior are more environmentally friendly, and the lighting with the most modern LED technologies, combined with an innovative ventilation system, reduces the store’s carbon footprint by 40%.
The H&M store will present clothes for the whole family. On the day of its opening, there will be a special offer – discounts up to 50%.
“The opening of H&M in the Respublika Park shopping and entertainment center is an opportunity to become even closer to our customers. I am sure that due to its location in a dynamically developing area of the Ukrainian capital, as well as the innovativeness and attractiveness of the shopping and entertainment center itself, the new store will very soon become a favorite shopping destination for Kyiv residents,” Olha Oliynyk, PR & Marketing Manager of H&M in Ukraine, said.
As of November of this year, the H&M chain in Ukraine has eight outlets: five in Kyiv, one each in Odesa, Kharkiv and Lviv.
The Swedish company Hennes & Mauritz AB (H&M), the owner of the second largest clothing store chain in Europe, opened the first store in Ukraine in 2018.
H&M Hennes & Mauritz LLC was established in 2013. According to the data of the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary is Stefan Persson (Sweden).

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