The fight for H&M stores, that started after the Swedish retail clothing chain Hennes & Mauritz (H&M) has signed a rental contract in Akropolis shopping centres, is not over yet, writes vz.lt
H&M plans to open a couple more stores. Swedish clothing chain traditionally has one of the shops on the main street, so landlords of Gediminas Avenue still have the opportunity to attract a large and reliable tenant.
Shopping centres Ozas and Panorama are grappling over another H&M store.
“Our strategy – to open stores in prime locations for business and that is what we found for the first two stores in Lithuania,” said the H&M spokesman Hacan Andersson to Verslo Žinios. According to him, the company is now particularly focusing on the opening of stores Akropolis.
“We are happy that the Hennes & Mauritz chain has chosen Akropolis malls as its partners for expansion in Lithuania. H&M launched its expansion in the Baltic countries in Riga this fall but the chain’s outlet in Akropolis mall in Vilnius will be the largest in the Baltic countries,” the press release quotes Renata Jakubčionienė, the head of rent division at Akropolis LT that operates Akropolis malls in Vilnius, Klaipėda, and Šiauliai.