PARIS — Fast-fashion retailers are taking their wares to the countries that usually make them.
Hennes & Mauritz AB said Tuesday it had signed a contract to open its first store in Turkey in Forum Istanbul, the country’s biggest shopping center. The 24,750-square-foot store will open in November, the Swedish retailer said.
Karl-Johan Persson, chief executive officer of H&M, said the company had long had business relations with Turkey, where some of its clothes are produced.
“We are very pleased to open our first store in Turkey. It is an interesting market with a large, young and fashion-conscious population, which offers great potential for future expansion,” Persson said.
Turkey is the third new market for H&M this year following openings in South Korea in February and Israel in March. The retailer plans to open a total of 240 stores worldwide in 2010.
Meanwhile, Spain’s Inditex said it has brought Zara to India, meaning the brand now has a retail presence in 77 countries. The first Zara store — a 19,375-square-foot location — opened last week in the Select City Walk Mall in New Delhi.
Europe’s largest clothing retailer said it was planning a second locale at the DLF Promenade Vasant Kunj mall in New Delhi, in addition to a store in the Palladium Mall shopping center in Mumbai and further locations in the country’s largest cities.
Inditex started its retail expansion in India through a joint venture with Trent Ltd., the retail arm of the Tata Group.
“The country has a dozen cities whose populations each exceed three million people, and the Indian market promises substantial growth potential for Zara’s fashion offering,” Inditex said.
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
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@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)