BELGRADE (Serbia), January 10 (SeeNews) – Swedish fashion retailer Hennes&Mauritz (H&M) will open its first store in Serbia in the autumn of 2013 and has already leased space in Delta City, the shopping centre owner, Delta Holding, said on Thursday.
“We are very pleased to have established cooperation with the world famous brand H&M, which will open its first store in Serbia in Delta City shopping mall,” vice president of Delta Holding’s real estate division, Vojislav Glavnic said in a statement published on the company’s website.
Earlier in the day, H&M said in a separate statement that Serbia will be one of its new markets in 2013 alongside Chile, Estonia, Lithuania and - via franchise, Indonesia.
Delta Real Estate is a regional real estate company with a portfolio of retail, hotel, office buildings and mixed-use properties.
H&M has around 2,700 stores in more than 40 countries and employs 94,000. The company also sells own-brand cosmetics, accessories, footwear and textile interiors.