After the news of the impressive 12% year-on-year grow in profits of it’s main competitor, Inditex, and that in the height of the crisis , it’s revealed today* that clothing giant Hennes & Mauritz is investing in a new chain of stores. H&M’s Karl-Johan Persson confirmed it this week: “You may have read in the papers that we will open a new chain and it is true. But that that will be a new deluxe version of the COS stores is not true,” said […]
