"Last year we have opened 17 store and I would continue the same pace this year. It would also depend on the availability of real estate at the locations where we want to go," he added.The Stockholm-based company owns brands which includes - H&M, H&M Home, COS, & Other Stories, Monki, Weekday Cheap Monday and ARKET. "If I am looking at our journey, it would be tier I & tier II - 50:50 - stores. The way figures are coming, we would put a new bench mark for the profit. It should be always open for global sourcing.

Source: Economic Times March 18, 2018 06:33 UTC