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BRIEF-H&M says exploring selling H&M brand through Tmall in China
June 29, 2017 / 1:00 PM / 5 months ago

BRIEF-H&M says exploring selling H&M brand through Tmall in China

June 29 (Reuters) - H & M Hennes & Mauritz Ab CEO Karl-Johan Persson to an analysts and media conference call:

* says H&M exploring selling through chinese website tmall, looking to make more localised adaptions to assortments in china

* says H&M has no plans to sell H&M brand on other third party platforms

* says H&M will close more stores in fiscal 2017 than earlier planned, meaning net number of new stores will be around 400 versus previous guidance around 430 Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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