Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Hennes & Mauritz AB    HM B   SE0000106270

HENNES & MAURITZ AB

(HM B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hennes & Mauritz : Nordic lifestyle brand ARKET to open in Korea

10/08/2020 | 04:45am EST
News article
Nordic lifestyle brand ARKET to open in Korea

ARKET continues to expand in Asia with the opening of its first store in Korea during 2021. The new physical store will introduce the brand's collections of New Nordic everyday design for men, women, children and the home.

8 Oct, 2020

Based in Stockholm, Sweden, ARKET is a modern-day market and lifestyle destination offering essential products designed to be used and loved for a long time. The collections are curated to simplify good choices and to make everyday life more beautiful. The brand's brick-and-mortar locations also include a seasonal vegetarian café and pastry shop that works to promote New Nordic everyday food.

'Opening the new store in Seoul is an incredibly exciting step for us, as it is our first physical location outside of Europe. We are looking forward to finally bring the full ARKET experience to the Korean market, where our aesthetics and values of sustainable design have had a strong following for many years.'

Pernilla Wohlfahrt, ARKET Managing Director

ARKET was launched in August 2017 and currently has 21 physical stores across major European cities including Copenhagen, Amsterdam, London and Berlin. In 2019 the brand launched a global shopping site and the recent opening of a digital flagship store on China's Tmall platform marked its first online expansion outside of Europe. The brand will announce the location of its' first store in Korea beginning of 2021.

Share

Disclaimer

H&M - Hennes & Mauritz AB published this content on 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2020 08:44:05 UTC


© Publicnow 2020
All news about HENNES & MAURITZ AB
12/01Collapse of Arcadia, Debenhams Puts 25,000 UK Jobs at Risk While Peers Gain, ..
DJ
12/01UK Fashion Retailers Gain on Collapse of Arcadia, Debenhams with Brands Up fo..
DJ
12/01HENNES & MAURITZ : COS raises funds for the red cross movement this holiday seas..
PU
11/30PHILIP GREEN : Philip Green's Arcadia UK fashion group falls into administration
RE
11/30THE FALL OF THE KING : Philip Green's Arcadia adventure ends in ignominy
RE
11/30Christmas, coronavirus and fear of no-deal Brexit push Europe's warehouses to..
RE
11/30Christmas, coronavirus and fear of no-deal Brexit push Europe's warehouses to..
RE
11/30H&M : RBC reaffirms its Neutral rating
MD
11/28HENNES & MAURITZ : Employee-Monitoring In Europe Comes Under Spotlight After H&M..
AQ
11/24H&M : Raised from Sell to Buy by Goldman Sachs
MD
More news
Financials
Sales 2020 189 B 22 350 M 22 350 M
Net income 2020 1 411 M 167 M 167 M
Net Debt 2020 72 270 M 8 540 M 8 540 M
P/E ratio 2020 208x
Yield 2020 1,30%
Capitalization 305 B 35 844 M 36 026 M
EV / Sales 2020 1,99x
EV / Sales 2021 1,67x
Nbr of Employees 179 000
Free-Float 43,6%
Chart HENNES & MAURITZ AB
Duration : Period :
Hennes & Mauritz AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HENNES & MAURITZ AB
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 174,61 SEK
Last Close Price 184,20 SEK
Spread / Highest target 16,7%
Spread / Average Target -5,21%
Spread / Lowest Target -51,1%
EPS Revisions
Managers
NameTitle
Helena Helmersson Chief Executive & Operating Officer
Karl-Johan Erling Persson Chairman
Adam Karlsson Chief Financial Officer
Joel Ankarberg Chief Technology Officer
Anders Gunnar Dahlvig Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HENNES & MAURITZ AB-3.30%35 844
INDUSTRIA DE DISEÑO TEXTIL, S.A.-11.22%104 494
KERING SA3.40%91 606
FAST RETAILING CO., LTD.34.14%85 665
ROSS STORES, INC.-4.19%39 709
ZALANDO SE79.77%24 979