Type
Business expansion
Country
World
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.71 - Retail sale of clothing in specialised stores

7,000 jobs
Number of planned job creations
Job creation
Announcement Date
29 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
31 December 2009

Description

In January 2009, H&M, one of the world largest clothing retailers, announced that it is to create 7,000 new jobs worldwide by the end of 2009. H&M operates in 33 countries and has 73,000 employees worldwide.


Sources

  • 30 January 2009: Il Sole 24 Ore
  • 29 January 2009: BBC

Citation

Eurofound (2009), H&M, Business expansion in World, factsheet number 68193, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68193.