H&M is planning to reposition its 5000-plus store estate into logistics hubs focusing on “digital growth” as its new management aims to shake things up.
Last week the world’s second largest fashion retailer H&M revealed a major shake-up of its leadership team as chairman Stefan Persson announced his departure after more than 20 years.
Persson’s successor, son and current chief executive Karl-Johan Persson has since suggested plans to take the company in a new direction, limiting store openings and using its already substantial estate to become logistics hubs for online orders.
