Business news from Ukraine

SWEDISH H&M TO OPEN SIXTH STORE IN KIEV

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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H&M TO OPEN FIRST STORE IN KHARKIV

Swedish retailer H&M will open its first store in Kharkiv in May 2021 in new Nikolsky shopping mall, expanding its chain in Ukraine to six outlets, the retailer’s press service said.
The total area of the store is 2,100 square meters, of which about 1,700 square meters are shopping area. This is the sixth store of the chain in Ukraine and the first outside the Ukrainian capital.
“We see a high interest in the H&M brand in the regions and therefore are pleased to announce the opening of a store in Nikolsky shopping center in Kharkiv. I am sure that Kharkiv residents will appreciate both a wide range of goods and a modern store concept,” H&M Ukraine CEO Dominik Fantachino said.
According to H&M, the space of the store will differ from other stores of the chain in Ukraine with an updated interior concept. Buyers can expect a wide range of women’s, men’s, teenage and children’s clothing.

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LARGEST H&M STORE IN UKRAINE TO OPEN IN DREAM TOWN MALL ON JUNE 11

The Swedish Hennes & Mauritz AB (H&M), the owner of Europe’s second largest clothing store chain, plans to open its fourth retail outlet in Ukraine on June 11 – the largest H&M store in the Ukrainian chain will be located in the Dream Town shopping and entertainment center, the press service of the shopping center said last week.
“On June 11, we will open a new store of the Swedish H&M chain, which will be the largest in Ukraine. So there will be a place for all departments: H&M Sport, H&M Mama, H&M +, LOGG and of course the big H&M Home,” Dream Town Director Yemets quoted in a message.
This will be the first H&M opening in Ukraine this year.
As reported, on September 12, 2019, H&M opened a store in the River Mall at 12, Dniprovska Naberezhna Street in the Darnytsky district of Kyiv, expanding the Ukrainian retail network to three stores. Its area was 2,900 square meters.
The Swedish retailer H&M entered the Ukrainian market in 2018, opening the first store with an area of 2,900 square meters in the Lavina Mall shopping center. The second brand store opened in October 2018 in the Sky Mall.

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SWEDISH OWNER OF H&M TO OPEN STORE AT RIVER MALL IN KYIV

The Swedish owner of the clothing chain Hennes & Mauritz AB (H&M) will open a third store in Ukraine at River Mall shopping and leisure center at 12 Dniprovska Naberezhna Street on September 12.
As a press service of River Mall’s broker Colliers International (Ukraine) reported, the two-storey store with an area of 2,900 square meters will be designed in a new interior concept.
According to the broker, H&M Sport men’s collection will be on display in the new store for the first time in Ukraine.

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H&M STORES COULD BE OPENED IN KARAVAN MALL IN KHARKIV, DNIPRO

DCH Infrastructure and Real Estate (DCH I&RE), part of businessman Oleksandr Yaroslavsky’s DCH Group, is negotiating with Sweden’s retailer H&M on the opening of stores in regional shopping and entertainment centers Karavan in Kharkiv and Dnipro.
DCH I&RE CEO Daniil Vladov said in an interview with Interfax-Ukraine that it is inexpedient to attract H&M store to the Karavan mall in Kyiv, as the mall will be gradually reformatted into an outlet center.
“The H&M brand does not enter the outlet format. At the moment, they do not need this format, and they do not have it as such. We are negotiating with them, and I think they will enter our regional projects in Kharkiv and Dnipro,” Vladov said, commenting on a possibility of attracting H&M to the pool of the new outlet center as a result of changing the concept of the Karavan shopping and entertainment center in Kyiv.
DCH Infrastructure and Real Estate plans on June 1, 2019 to partially close the Karavan shopping and entertainment center in Kyiv located at 12, Luhova Street for a phased reformatting of the facility into an outlet center.
DCH Infrastructure & Real Estate is the management company of the Karavan retail and entertainment centers network in Kyiv, Kharkiv, and Dnipro. It functions as the development division of the DCH Group of Yaroslavsky, whose range of investment interests includes construction and development, finance, industry, mining, engineering, metallurgy, transport, and other spheres.

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H&M OPENS SECOND STORE IN UKRAINE IN KYIV’S SKY MALL

Sweden’s retailer H&M on Thursday opened its store in the Sky Mall in Kyiv, expanding its Ukrainian chain to two stores.
The company’s press service reported that the area of the store is 2,500 square meters.
As reported, the first H&M store in Ukraine with an area of 3,000 square meters was opened on August 18 in Kyiv’s Lavina Mall.
The H&M Group has 47 online marketplaces and over 4,700 stores on 69 international markets jointly with the stores operating under franchise contracts.
According to the unified public register of companies and individual entrepreneurs, the ultimate beneficiary is Stefan Persson (Sweden). The charter capital is UAH 696,900.

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