Monday, December 9, 2013
Chapter 5: Developing a Global Vision
H&M has succesfully expanded their global vision throghout the years. With roughly 3,000 store in 43 diffrent markets all over the world including North America, Europe and Asia. in a weak economy, H&M seems to be going strong and they are stil trying to show growth about 15% per year. H&M has grown alot since they first opened their first store on 5th avenue 12 years ago. They have gone from 1 store to 233 stores just in the United States of America. To show even more growth H&M has finally openeded the online shopping abillity on their website, (avaiable in America). The online shopping starting in America is a smart idea since america is one of the most profitable markets in the world. What makes H&M great is the abillity to adapt culturaly and to do it succesfully. For example their 3.6 million dollar, 30 second Super Bowl commmercial:
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