H&M reports revenue growth in 2015 year by 13%
03.02.2016 3508

H&M reports revenue growth in 2015 year by 13%

In fiscal 2015, Swedish retailer H&M opened 25 new stores in Russia and posted revenue growth of 13% to $ 410 million. The retailer's products are in demand even during the crisis, firstly, because the company is competitive in its price segment, and secondly, due to the optimal ratio of price and quality, and the retailer's revenue growth indicates the correct strategy for the development of the chain in Russia.

Recall that H & M is one of the largest retail chains in the world and the largest in Europe, specializing in the sale of inexpensive clothing, footwear and accessories for men, women and children.

In fiscal 2015, Swedish retailer H&M opened 25 new stores in Russia and showed revenue growth of 13% to $ 410 million.  

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