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H&M clothing chain announces Uruguay 2018 landing

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Staff Writer | July 3, 2017
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Retail   Uruguay will be the sixth market in Latin America

H&M announced on its website its plans to open stores in Uruguay and Ukraine by 2018.

Uruguay will be the sixth market in Latin America for the group behind brands like H & M, Cos, Weekday, Cheap Monday, Monkl, and & Other Stories, which employs over 100,000 people worldwide.

According to the company's website, each of the brands “are united by a passion for fashion and quality and drive to dress customers in a sustainable way.”

The H&M brand is well known for selling trend clothing at affordable prices.

The brand continues to open stores around the world to compensate for the curtailment of profitability it already has, in a context of great competition with online sales platforms.

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