H&M to enter Panama in late 2020
FILE PHOTO: The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar
STOCKHOLM - The world’s second-biggest fashion retailer H&M said on Friday it would expand to Central America, starting with a first store in Panama at the end of 2020. H&M, which has 50 online markets and stores in 73 markets currently, said in a statement it would operate in Central America through a franchise agreement with Panama-based Hola Moda S.A.
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