H&M has announced plans to aggressively expand both its physical stores worldwide and its ecommerce markets by the end of 2016. The fashion retailer aims to open 425 stores by November and even more beyond that, and CEO Karl-Johan Persson told Bloomberg in a phone interview that “I think we will go to 7,000, 8,000 stores plus and beyond. We’re not stressed to reach a certain size or to be number one but its still expansion ahead of us.”
