The First H&M Flagship Store In Sydney Opened On The 16 Th.

According to the impression of Sydney official website, the Swedish retail giant H&M has announced that H&M will soon be officially settled in Sydney. It will open its first store in October 16th, and is also the largest flagship store in Sydney H&M. Customers do not have to go to Melbourne to buy H&M products.

H&M will be officially settled this month.

But, surprisingly, H&M avoided CBD, but chose to open the first store in North Centre, the newly renovated Macquarie Centre of North.

It is understood that the center is undertaking a $400 million renovation project.

The store will soon sell H&M products, including women's wear, men's wear, children's wear and household goods.

And before Christmas, H&M's Alexander Wang x

The series will also be aimed at consumers in November.

This store has new stores every day, just like a store in Melbourne.

North Ryde's store also includes the international fashion brands of most shopping people, such as ZARA, Uniqlo, Topshop, Forever21 and Victoria's Secret.

According to H&M's earnings report, sales in the third quarter were about 45 billion 400 million kronor (US $6 billion 300 million), an increase of 22% over the same period last year.

Net profit reached 5 billion 300 million kronor (US $735 million), an increase of 20%, but still below market expectations.

H&M said that the company's revenue continued to maintain rapid growth, mainly due to the good performance of its many brands.

However, as the temperature in September was higher than the same period in previous years, the gross profit margin fell from 58.8% to 58.3%.

H&M currently has 3300 homes around the world.

In 2014, it plans to open 375 new stores in Philippines, South Africa and other places, and plans to open online stores in France, Spain, Italy and China.