(Reuters)-H&M fashion retailer reported on Monday that it will open its first store in Brazil on August 23 at Shopping Iguatemi, in São Paulo, along with the launch of its online store.
A second Swedish company will be inaugurated on September 4, the company added in a press release, also in a mall in the state capital.
The company had already released last year the choice of Shopping Iguatemi to receive its first Brazilian store. The second unit will be inaugurated at Shopping Anália Franco, in the East Zone of São Paulo.
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“We are very excited to finally open our doors in Brazil – a country full of creativity, culture and style,” said H&M Sales Manager Joaquim Pereira, in the statement.