Swedish fashion retailer H&M will open on March 27 its 39th store in Romania, within the Coresi Shopping Resort in Brasov.

The new unit will cover 2,400 sqm and will be one of the largest H&M stores in Romania.

Coresi Shopping Resort is the first shopping mall to open this year.

In 2014, H&M opened the biggest number of stores on the local market among large fashion retailers, namely eight units.

H&M increased its sales in Romania by 37% (in local currency) in the fiscal year which ended on November 30, 2014.

The group’s revenues in Romania reached EUR 141 million, up from EUR 103 million in the previous year.

editor@romania-insider.com