It's taken some time but this week has finally seen the opening of H&M's first store in Brisbane. With stores already in New South Wales and Victoria, this marks the retailers first store in Queensland - although this won't be for long. Country manager Hans Andersson earlier this week announced to channel 9 news that the brand expect to open a second Brisbane store in Garden City this Spring, something that will then be followed up by a global flagship on Queen Street later this year.
H&M are known for their rigouous expansion, with stores in over 53 markets, the brand have this year alone entered Taiwan and have plans for India, Peru and South Africa. Not content with these new markets we will also see the brand move to Western Australia with a store in Perth's Joondalup as well as a new flagship in Sydney's Pitt Street, a prime location that currently ranks as the world fifth most expensive street to rent, after Fifth Ave and the Champs Élysées.
