News: H&M to add 800 more to the team


H&M to add 800 more to the team

Hennes & Mauritz (H&M) plans to hire 800 people in 2018 as part of its strategy to expand its retail presence
H&M to add 800 more to the team

The Stockholm-based fashion retailer Hennes & Mauritz (H&M) which currently has 3,500 people working for the retail company plans to add 800 more to the team in 2018. The hiring is for the new stores which the company intends to open in India.

Last year, H&M opened 17 stores and now as part of its growth strategy, it will continue to open stores in new cities like Mysore and Ahmedabad and also expand store counts in the existing metro markets such as Mumbai. Additionally, to track the customers from the places where it does not have any physical presence it also started online sales last week. 

H&M India Country Manager Janne Einola shared that a lot of expansion is coming from new stores and added, “For the global, we are saying that we would grow 15 percent and of course India would grow more because it’s a growing market and we have just started here.” 

H&M, which follows December-November financial year, had posted a nearly two-fold increase in sales in India to 1,179 million Swedish krona (over Rs 955 crore) for the fiscal ended November 2017.

Picture Courtesy: H&M

Topics: Recruitment

Did you find this story helpful?



Is technology the answer to new-age talent acquisition challenges?

On News Stands Now

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

And Save 59%

Subscribe now