H & M Hennes & Mauritz AB (operating as H&M), is a Swedish clothing company, known for its fast fashion clothing offerings for women, men, teenagers and children. The company was established in 1947 by Erling Persoon. The branding consultancy Interbrand ranked H&M as the 21st most valuable global brand in 2009, making it the highest ranked retailer in the survey. It becomes a must have brand for any fashionista. Come on, who does not know H&M? To me, it is an awesome fashion label and the price is affordable.
There is a rumor spreading around that H&M is opening in KL, Malaysia. Well, it is gonna a huge thing in the fashion industry in Malaysia if they are really open in KL. Without any hesitation, I dropped an email to them to clarify with them on this issue and asked about the franchise programme. Good thing about their officers is they response queries very quickly. The officer replied me, " We always look at new markets and we look for markets with large population basis where we can grow cost efficiently. However, right now Malaysia is not in our establishment strategy yet. In Asia, we have stores in Hong Kong, China, Japan and Korea. H&M have established in Dubai , Kuwait , Israel and Qatar through a franchise agreement with one of the Middle East's leading retailes. This is a way for us to open stores in part of the world where we would not otherwise be able to establish a presence using the H&M wholly-owned subsidiary model. However, outside this area franchising is not a part of our establishment strategy." I hope this reply is well-answered your queries.