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H&M to open in India
H & M announces that it will open its first store in India. The first store will be a flagship, and is planned to open in 2014. The introduction of H&M to India will be the latest in a series of openings along with the opening of its first stores in the Philippines and Australia. H&M is currently present in 53 markets worldwide, with over 3,100 stores, employing over 116,000 people.