H&M’s Bourke Street store. The Swedish banker is set to accessible two added Melbourne stores, in Werribee and Chadstone.Credit:Eddie Jim EJZ
The new food will booty the cardinal of H&M outlets in Australia to 18 by the end of 2016. The absolute food are: Melbourne burghal and Eastland in Victoria; Macquarie Centre, North Ryde, Chatswood and Pitt Street Mall in NSW; Indooroopilly, Garden Burghal and Queen Street, Brisbane in Queensland; and Joondalup in Western Australia. Other new food already appear accommodate Pacific Fair, on the Gold Coast, Charlestown Square, Newcastle, and Broadway and Bondi, in Sydney.
The banker is the latest all-embracing alternation to aggrandize its operations in Australia. Next week’s aperture of the St Collins Lane centre, on the above Australia on Collins site, will see the barrage in Australia of all-embracing characterization Reiss. Other above brands to barrage in Melbourne in the accomplished two years accommodate cosmetics behemoth Sephora and the UK fast-fashion mecca, Topshop, which additionally has a acknowledgment affiliation with Myer.
H&M launched in Melbourne in 2014. It is the second-larget banker in the apple abaft Inditex, the ancestor aggregation abaft the Spanish-based Zara chain.
In 2015, H&M Australia recorded a net accumulation of $3.8 million, afterwards announcement a accident in its aboriginal year in Australia.
The abundance is acclaimed for its affordable basics, as able-bodied as its high-low collaborations, such as that with Balmain. The affiliation saw a adaptation of the French label’s signature blazer on auction for about $700, compared with several bags for the couture equivalent.
Last month, H&M admiring common absorption back it launched a ambit of bells dresses, all priced beneath $500.
Melissa Singer is on Facebook and Instagram.
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