By and  on January 29, 2009

There’s at least one retail sector bucking the recessionary headwinds: fast fashion.

On Thursday, Sweden’s Hennes & Mauritz and Spain’s Mango reported strong growth in 2008 — and bullish plans for expansion this year. H&M remains committed to opening 225 stores worldwide, adding 7,000 jobs. Mango, meanwhile, plans to unveil 150 stores.

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