Reported about 15 hours ago
Swedish fast-fashion retailer H&M has opened its first physical store in Brazil, located in Sao Paulo, and has begun online operations in the country. The company aims to expand by opening four more stores in Sao Paulo and is currently producing items locally, including footwear and beachwear. H&M plans to remain competitive in the Brazilian market, focusing on quality and price while gradually increasing local production. The firm also operates a distribution center in Minas Gerais and intends to explore opportunities in other Brazilian states.
Source: YAHOO