Do you love clothing and want to open a clothing franchise? If Yes, you may want to partner with H&M to get you started in your city. Here is all you need to learn about opening an H&M franchise.
Hennes and Mauritz AB, which has become popular as H&M, is one of the best clothing chains in the world. The company makes a wide assortment of clothes for all demographics including men, women, teens, and even children. In fact, it is very difficult to spot any person all over the world who is not familiar with the iconic H&M fashion retailer.
H&M was commenced by a Swedish born businessman named Erling Person in the year 1947 as a women’s clothing store. He after 20 years of time or so acquired Mauritz Widforss, a retailing company that used to sell hunting equipment. Mr. Person merged both brands and since that time the company is known by the name H&M.
H&M enjoys a worldly presence, operating more than 3700 stores in almost sixty countries. The company even runs its stores in some Asian nations including India, and Pakistan. H&M has also been ranked as the second-largest clothing after Inditex, the parent company of Zara.
It might be very difficult for you and many others to believe that the “H&M franchise” is one of the most looked up a fashion-related keyword in Google. That points to the fact that there are lots of people who seem to be showing high interest in owning an H&M franchise unit. However, not just once but on several times the company has made it clear that it does not franchise its stores, and neither it will consider franchising in the years we are to see in the future.
In a nutshell, the company’s statement regarding franchise opportunities that has come several times reaches the sad conclusion that you and others who wish for the same, can’t open an H&M franchise.